Former chief executive of Western Isles dies
THE former chief executive of the council that lost millions in the BCCI crash has died.
Dr George Macleod was in charge of the Western Isles Council, which had put more than £23 million in the Bank of Credit and Commerce International.
He was sacked, then reinstated, before retiring and going on to run a successful engineering consultancy on Lewis.
Dr Macleod, who was 74, was praised by the current council leader for dealing with “difficult times”.
“Dr George was a highly respected engineer and director at the council and also served as chief executive during very challenging and difficult times,” said convener, Norman Macdonald.
“He was also an elder and lay preacher in The Free Church over many years. Dr George served his community in many different roles over many years and he was well known throughout the islands and further afield.
“Our thoughts and prayers are with his wife Mairi, and children Christine and Iain.”
The council flag in Stornoway flew at halfmast in tribute.
Mr Macleod was chief executive between August 1986 until September 1992.
The council saw nearly all its money disappear with the bank’s 1991 demise, marking one of the blackest days for any local authority in Britain.
It lost £23m in the bank, plus £1m in loan interest. It had to get special consent to borrow from the then Scottish Office.
Two decades on, the council received £2.5m from the BCCI liquidators.