MSP SLAMS TORIES OVER HANDLING OF FORT KINNAIRD SALE
Ash Denham MSP has slammed the UK Government over its handling of the sale of its share of Fort Kinnaird retail park, located in her constituency of Edinburgh Eastern.
The Crown Estate sold its 50% share in Fort Kinnaird for £167 million last month, after the UK Government refused to devolve the site to the Scottish Government two years ago following the passing of the Scotland Bill in 2016.
The SNP has repeatedly called for the money from the sale be returned to be invested in communities across Scotland.
Theresa May answered questions posed by the SNP during PMQs.
Despite a spokeswoman for the Crown Estate confirming last month that all proceeds from its portfolio were returned to the Treasury, Theresa May yesterday attempted to muddy the waters, arguing that the money had stayed with the Crown Estate.
Commenting, Ash Denham MSP said,
“The handling of the sale of Fort Kinnaird perfectly exemplifies the Tories’ contempt for Scotland- they think they can do what they want to Scotland and get away with it.
“They have stripped Scotland of a major asset, stuck the proceeds in their own Treasury coffers and are now attempting to pull the wool over our eyes.
“We know that the Crown Estate profits for this year exceed the entire value of Crown Estate Scotland’s holdings- so for Scotland to see no benefit from this sale is simply outrageous.
“We are being deprived of a substantial amount of money that could be invested in communities across Scotland.
“The Tories need to own up to this, do the right thing and return this money to Scotland.”