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Civil servants make £75m out of Belfast airport deal

Three civil servants made £75m as part of a management teamwhich bought Belfast international airport from the government for£32.75m and sold it two years later for £107.9m.

The public employees also paid £1 for a hotel which cost£5m to build one year previously, according to a report to theHouse of Commons public accounts committee.

The airport sale is one of many examples of the misuse of publicfunds in a £100m plan to regenerate Belfast. Projects ranged from amassive shopping complex in the city centre to a greyhound exercisetrack at the back of the Newtonabbey council yard.

  • The Guardian 09/03/98 page 6

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