Cerberus Capital Management: Purchase of Distressed Assets

Part of the debate – in Westminster Hall at 5:10 pm on 22nd February 2017.

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Photo of Roger Mullin Roger Mullin Shadow SNP Spokesperson (Treasury) 5:10 pm, 22nd February 2017

It is a pleasure to serve under your chairmanship once again, Mr Owen. Thank you for inviting me to take my seat on the Front Bench.

We all owe a great debt to my hon. Friend George Kerevan for securing this debate, especially the companies that have been driven to the wall or destroyed by the actions of Cerberus. I know that some of those companies are represented in the Public Gallery today; I hope they find that we have done justice to their cause. My hon. Friend certainly has.