9 December 2014, 19:08 GMT
EDINBURGH, December 18 (Sputnik) — The privatization of Royal Mail was "botched from day one," Scottish MP Mike Weir said in a statement following a report published Thursday about the sale of the United Kingdom's postal service.
"Yet more evidence that the privatisation of Royal Mail has been a complete botch up from day one," Weir, a Scottish member of parliament from the National Party, said in a statement. "This report shows that the government could have made millions more for the taxpayer from this rushed, ill thought through sell off — but didn't."
Report shows Royal Mail undervalued in botched sell off.@mikeweirsnp http://t.co/RUEAr9zVEC
— The SNP (@theSNP) 18 декабря 2014
The report, commissioned by Business Secretary Vince Cable, found that the British government could have made an additional 120 million pounds ($187 million) to 180 million pounds had the sale of Royal Mail been managed more efficiently.
