FERRY FIASCO: SNP MSP 'beggars belief' £87,000 bonuses were paid to shipyard bosses

SNP MSP Willie Coffey, who claimed it “beggars belief” bonuses could be paid at the yard – if the money could be recovered, Mr Boyle said: “I don’t know if those amounts are recoverable, that would have to be a judgment made by others in terms of the specifics of it, in terms of conditions that existed for those senior managers, what their contracts said.

“We draw attention to these amounts because the amounts were paid without effective governance by the remuneration committee being discharged before the amounts were paid.”

He added that it was a “matter of public interest” that bonuses were paid by the yard.'

The bonuses were recommended by the yard’s former turnaround director Tim Hair, who was paid £1.8 million during his time at the firm between August 2019 and February 2022.

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