Fight to Claw Back Millions

Summary


Electronics giant Samsung could be forced to repay a multi- million Government grant after it closed its Wynyard factory, on Teesside.

Department of Trade and Industry officials today confirmed attempts were being made to make Samsung to repay a pounds 10.5m Regional Selective Assistance award made to the company in 1995 after the firm failed to meet the grant's conditions.

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Extract


Fight to Claw Back Millions

Samsung announced the closure of its Wynyard microwave and PC monitor facility in February with the loss of 425 jobs.

A DTI spokesman told the Evenin...

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