The deal was codenamed Project Atlantis in Policy and Resources Committee minutes, something which Policy and Resources president Senator Frank Walker said, with hindsight, it would have been better not to have used.Meanwhile, law firm Mourant has already been paid £1.56m to act on behalf of the States in the case and total costs so far have reached £1.7m.Senator Walker also conceded for the first time that members of the P & R Committee with shares in CI Traders should have withdrawn from discussions about Les Pas when they first disclosed their interest.
Project Atlantis and a £1.5m bill
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