The Select Committee investigating the Manx Electricity Authority heard today how former chief executive Mike Proffitt instructed his capital investment manager Ashton Lewis not to give information to the Treasury.
Mr Lewis, who has since taken over from Mr Proffitt, was responsible for preparing monthly financial reports on the build of the power station at Pulrose.
He told the committee he was contacted by the Treasury several times during 2001, asking him to comply with its capital project procedures.
Looking back he admitted the MEA should have been more co-operative when dealing with the Treasury.
The committee, chaired by Speaker of the House of Keys Steve Rodan, is investigating unauthorised bank loans totalling ?120 million, taken out by the MEA.
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