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Mart on the debtors' tails

DIRECTORS of Lanark-based auctioneers Lawrie and Symington have acted to stem the adverse publicity that has followed major financial irregularities at its Forfar mart.

In November, last year, the managing director at Forfar, Graham Burke, resigned, and cashier Neil McAllan, was later dismissed, following an investigation into a reputed six-figure loss at the mart stemming from credit facilities extended to a major sheep dealer.

Just before Christmas, Clark Stewart, a director of the main Lawrie and Symingon board – and former chairman of the Royal Highland Show – resigned, quickly followed by board vice-chairman, Jim Hamilton.

(For the full story see The Scottish Farmer this week, January 12 2013)