Scotland’s National Investment Bank morphed into a tool for corporate business to capitalise on – another deceit foisted on a trusting electorate

Scotland’s National Investment Bank

Set up by Sturgeon to make strategic investments for the common good of the people of Scotland it morphed into a tool for corporate business to capitalise on.

Travelnest Ltd, received £3 million in start-up funding, with more finance promised. The company specialises in providing infrastructure for the rapidly growing number of holiday homeowners enabling them to list and rent their properties.

Comment: Encouraging the uncontrolled market expansion of 2nd and 3rd home purchases in Scotland’s rural areas by primarily English residents can be likened to providing billets for 20,000 English soldiers who through claim of residence are extended the privilege of a vote in Scottish elections. Kiss any successful independence referendum goodbye!!!

Take a look at some of the other corporate networks involved:

The Chair of SNIB is Willie Watt. Watt is an Advisory Board Member of Scottish Equity Partners, a private sector Glasgow-based investment consortia which is already investing in projects into which SNIB is investing.

Carolyn Jamieson is a Non Executive Director of the Scottish National Investment Bank and is also an Advisory Board Member of Scottish Equity Partners.

She is formerly Chief Legal Officer at Skyscanner. Interestingly the new “Chief Entrepreneur” is also formerly a top executive at Skyscanner. Small world.

In 2021 Kate Forbes set up something called the Scottish Technology Ecosystem Review.

It was outsourced and led by Mark Logan.

A contract valued at £100,000 went to a private business called Ipso Facto Ltd.

Mark Logan is the co-founder of Ipso Facto. He is also a director of, (drum roll) Travelnest Ltd.

https://www.gov.scot/news/accelerating-scotlands-tech-led-recovery/

All of the foregoing fits neatly into a climate of patronage set up around the leadership of the Scottish Government sprawling beyond the corporate sector and into wider parts of public life.

The Chair of the Economic Recovery Group, is also the Chair of Buccleuch Estates and is also Chair of the National Galleries of Scotland board, alongside Andrew Wilson of Charlotte Street Partners who is also the author of the Growth Commission, alongside Willie Watt who is also the inaugural chair of the Scottish National Investment bank.

Role of government

The First Minister claims to be a progressive individual focussed on delivering good things for Scots through the outwardly appealing but internally dictatorial corporate lobby.

But in the wacky world of the Scottish National Party the interests and concerns of the many are subsumed by the financial rewards for those who are willingly supplicant to the demands of the party leadership.

Commitment to the cause of independence is a key part of the SNP strategy since it attracts vital voter support always provided any campaigning is processed through party political elites.

One thought on “Scotland’s National Investment Bank morphed into a tool for corporate business to capitalise on – another deceit foisted on a trusting electorate”

  1. More Tory than the Tories the SNP is the facilitator of the destruction of Scotland.

    Just look at the country. Underfunded health care, underfunded local authorities, underfunded infrastructure where the dialling of the Ap has been cancelled whilst the A82 and A83 are absolutely third world, where our rural communities are denied a lifeline ferry service, where the resources of oil gas wind are stripped out in the trillions whilst the people go fuel poor, where Scotland delivers huge fishing farming exports, where Scotland provides huge aggregate exports through super quarries like Glen Sanda or Rodel

    And what does our colonial government do. Aids and abets the plunder.

    The British plundered India for trillions, and with the help of colonial administrators like the Scottish Government they do exactly the same.

    Poor Jock, peasants in their own land. In Ireland in December 1918 General election the Sinn Fein took 73 of the 105 seats with the Irish National Party were reduced to 6. 0ne month later in January 2019 the Dail Eiranne was inaugurated and the rest is now history.

    We must do the same before it is too late. England is flooding Scotland with southern immigrants. Like they did in Ulster, it is part of a policy to destroy Scotland.

    The time is now and we must rid ourselves of our colonial masters and their lackies in the Scottish devolved colonial administration

    Like

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