IoD deliberate on public and private
Tuesday 23rd August 2011, 3:00PM BST.
THE line-up for this year’s Institute of Directors annual debate has been finalised and includes two UK experts on public-private partnerships.
Dr Timothy Stone and Nicholas Tott will share their experiences from a wide range of international public-private partnerships.
Dr Stone, a partner of KPMG’s corporate finance practice, will speak in favour of PPPs, and magic circle law firm partner Nicholas Tott of Herbert Smith will argue against.
They will join Senator Freddie Cohen, former former Jersey Institute of Directors chairman John Henwood and Senator Francis Le Gresley on the panel.
The debate is one of the biggest events in Jersey’s business calendar and will be hosted by renowned TV broadcaster Selina Scott.
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It is widely accepted (by anyone apart from Real Truthseeker, my favourite Tea Party Neo-Con)that PFI’s are a bad thing. They offer poor value for the taxpayer. Both Labour and the Conservatives have used them as a creative accounting mechanism that has just heaped debt onto future generations of taxpayers.
I am edgy that this debate will spark interest amongst the dullards from the States who are attending and will see it as a ‘way forward’..
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Cohen and Henwood, should be quite an evening. I think I’ll stay in and wash my hair!
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Cohen going for votes, as now changing his mind about future in Jersey politics!
No-one ever thought that would happen.
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