Cerberus Capital Management: Purchase of Distressed Assets

Part of the debate – in Westminster Hall at 5:29 pm on 22nd February 2017.

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Photo of George Kerevan George Kerevan Scottish National Party, East Lothian 5:29 pm, 22nd February 2017

I accept what the Minister is saying—it has been justified by the National Audit Office—but in the assessment of the bid from Cerberus, was any account taken of the likelihood that it would use tax avoidance measures to complete the sale?