UK Parliament / Open data

Green Investment Bank

Proceeding contribution from George Freeman (Conservative) in the House of Commons on Thursday, 29 October 2015. It occurred during Debate on Green Investment Bank.

I will happily give an undertaking that we do not intend to give anything away and allow it to be turned into a zombie fund. My hon. Friend has had conversations with my right hon. Friend the Secretary of State about the matter. The Government, as the owner, clearly have duties in all sorts of ways. We have a fiduciary duty, duties to Parliament, the public account and the law, duties to ensure that we maximise the value of our investment, and political accountability to ensure, as I have stated repeatedly in this debate, that the bank in the new structure can remain an active and committed investor, fulfilling its green values and the specific safeguards that I have just set out.

Type
Proceeding contribution
Reference
601 c238WH 
Session
2015-16
Chamber / Committee
Westminster Hall
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