tag:blogger.com,1999:blog-6214838.post113709548982374594..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: Labour's Privatisation Too FarIain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6214838.post-1138299945035174602006-01-26T18:25:00.000+00:002006-01-26T18:25:00.000+00:00Sir John Major is likely to have been granted coin...Sir John Major is likely to have been granted coinvestment rights in Qinetiq from The Carlyle Group and also benefit from the gains that accrue in CEP I.<BR/><BR/>I think he also gained from the "Investment Banking fee" which The Carlyle Group charged Qinetiq when they made their investment back in 2002/3Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-1138299788832374792006-01-26T18:23:00.000+00:002006-01-26T18:23:00.000+00:00With regards Sir John Major , he will have been gr...With regards Sir John Major , he will have been granted coinvestment rights on Qinetiq from The Carlyle Group and is also like to benefit from any profits earned in Carlyle European Partners I, the fund where Carlyle placed their investment in Qinetiq.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-1137151389630340732006-01-13T11:23:00.000+00:002006-01-13T11:23:00.000+00:00Guido, what part of "I make absolutely no suggesti...Guido, what part of "I make absolutely no suggestion at all that Sir John has done anything wrong" is not clear?! I just think it is an interesting fact which all newspaper mention of this has ignored. That's all!Iain Dalehttps://www.blogger.com/profile/03270146219458384372noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-1137138223691312792006-01-13T07:43:00.000+00:002006-01-13T07:43:00.000+00:00Far be it for me to defend Major, but I fail to u...Far be it for me to defend Major, but I fail to understand what the accusation against him would be. He clearly had no insider information - indeed as PM he specifically didn't put plans into place to privatise QinetiQ. All he did was correctly advise Carlyle that £42 million was good value for money but that was based on information available to anyone - the question is why the Government valued it so low.<BR/><BR/>Major's involvement apparently has no relevance. Perhaps you could clarify what the press should be saying about it - it makes no sense to me.Anonymousnoreply@blogger.com