Report traces nearly 30% of investments in Scottish schemes to offshore firms

Public sector pension funds have invested hundreds of millions of pounds in Scottish private finance schemes linked to offshore tax havens, a new report has found.

The pension funds, which act for tens of thousands of retired council workers, bus drivers and Environment Agency officials and scientists, have invested money in dozens of privately financed projects in Scotland to build new schools, hospitals and colleges and to make motorway improvements.

Continue reading…

Read More Public sector pension funds put millions in tax haven-linked PFIs

Facebook Comments