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Letters / Democratic deficit

Contributed

As of September 2016 Shetland Charitable Trust investments stood at a value of £220 million; money that belongs to the people of Shetland.

 The management of your oil money must be transparent with trustees held to account where necessary.

If elected I will campaign for an independent trust with a majority of directly elected trustees in order to close the democratic deficit in the management of almost half of Shetlands oil money.

John Fraser
Shetland Islands Council Candidate (Lerwick North and Bressay)
17 North Road
Lerwick

 

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