On 9 and 11 December 2024 we published two news items on our website and posts on our social media accounts in which we referred to an agreement entered into by the Government and Bassadone Industrial World Limited (“BIWL”), a company within the Bassadone Automotive Group of companies (“BAG”).
Our publications raised questions about the agreement. We confirm that we do not accuse either of those entities of any wrongdoing whatsoever and take this opportunity to clarify the position and apologise to BAG and BIWL if this was misunderstood.
As we have repeated in a number of press statements the points that we have made have been directed at the Government given the value for money concerns for the tax-payer of this deal and the answers which were given by the Chief Minister in Parliament.
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