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Steam Packet debate underway in Tynwald

Time to take back control says Minister

Tynwald has embarked on a debate over the nationalisation of the IOM Steam Packet Company.

The Treasury Minister will ask the court to approve the £124.3 million purchase along with a series of other recommendations related to the acquisition.

 

In his opening remarks Alfred Cannan asked the court why should a strategic national asset be held by a Portuguese bank.

 

He says it’s time to take back control.

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