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Stop the sale of our people's asset for loss

Submitted on Monday 26th March 2012

Published on Tuesday 27th March 2012

Current status: Closed

Closed: Thursday 27th September 2012

Signatures: 1

Tagged with

British ~ Tax ~ UK

Petition Action

Stop the sale of our people's asset for loss

Additional Information

400 tonnes of UK were sold in 17 auctions between 1999 and 2002 when gold was at a 20 year low, more than half of our gold reserves. This cost the tax payer >£5billion.

The present t government is currently in talks to sell a third of RBS to Abu Dhabi for about half of what it paid for it, a cost to tax payers of at least £1billion.

The proposal is to introduce legislation to stop incumbent governments from selling British assets at a loss without debate and approval in the House of Commons.


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