Greens concerned by East Lothian Council fund investments

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editorial image

East Lothian Greens have hit out after discovering 48 county trust funds are benefiting global corporations accused of avoiding taxes and polluting the environment.

Using a Freedom of Information request, East Lothian Greens obtained a list of the trust funds, of which East Lothian Council is the majority or sole trustee.

They include personal bequests and parish funds.

Accounts published recently by the council reveal that the trust funds hold £2.8 million in shares in companies including Shell, HSBC, JP Morgan and Vodafone.

For full story, see this week’s East Lothian News.




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