'LOST' £15M COULD BE RETURNED SOON TO NAC
Published 27 Dec 2010 09:30
Cash-strapped NAC have announced that they "continue to be optimistic" about scraping back most of the £15 million they lost in the Icelandic bank collapse - with decisions expected in the next few weeks.
And finance chief Alasdair Herbert has revealed the stung authority will now deposit more of their millions in the UK banks.
He also explained that the authority was at the front of the queue for their £10m deposit in Glitnir.
See the Times for the full story.
This article appeared in Irvine Times 21 Jan 11
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