Friday 21 September 2007

More Ethical Divestment

Jim Mather, the Enterprise Minister, today announces he is to move his £350,000 of shares into a blind trust to avoid a conflict of interest. This is what he should have done upon assuming his ministerial position, not nearly 5 months later and then only under media pressure. Donald Dewar moved all his shares into a blind trust upon being first elected to government as Scottish Secretary, preventing him from these accusations of a conflict of interest. I find it amazing neither Mr Mather nor Mr Stevenson thought their failure to do so would matter.

Indeed, Mr Mather sums it up best himself:

"The reality is that for those of us who hold portfolios that are as wide-ranging as enterprise, energy and tourism, it is very hard to hold shares in anything that doesn't impinge upon our work."

Still wonder why the Herald isn’t covering this at all…

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