True. The article has other gems.
theisleofthanetnews.com/2018/12/31/sea…
Interesting. 2 years
Dec 2016.
What had they been told by whom at that stage?
Before A50 notice
A spokesman said: “During the development phase and pending the finalisation of robust funding arrangements, the business has been financed by the shareholders.”
We can read the accounts too. We can do due diligence.
Meanwhile the Gov says it can cancel the contract in March
Terms?
Because the company cannot deliver?
(How is ‘non delivery’ v “partial delivery” measured and consequences for the latter?)
What if Gov non delivery (eg dredging or port fasciitis is the issue?
If so, is there any cost to that?
What do the supposed mortgage providers and equity providers have to say about that?
This is due diligence.
It might seem boring but it is what keeps out private & public finances safe.
It strikes me this Government is taking gambles with our taxpayer money we would not, or at least should not, contemplate gambling with our own.
Because we have more important things to do with it.
How much of this TDC hutzpah is to conceal previous (& soon repeated) errors