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Lord Sandison demands repayment of public debt

State threatened with bankruptcy by biggest creditor’s mystery demand for immediate payment.


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General Trebuchet refuses to be drawn

Chief Peacekeeper declines joint request from PeopleFirst and the Government for budget transparency.

Mystery still surrounds the demand yesterday by Lord Sandison, heir to the Crystal Dynasty fortune and the state’s single biggest funder, for immediate repayment of his government loan.  The demand was made by public service on the Quaestor in the formal manner laid down in the Act of Government Fundraising over 300 years ago:  Lord Sandison, on horseback, blocked the passage of the Chair’s official car as it drove down Purses Wynd towards the State Bank, and the Chair was obliged to step out to hear Lord Sandison declaim ‘Payback! Payback! Payback!’ with his fist in the air.  Onlookers watched as the Chair spread his palms and asked why.  Sandison’s only response was to wheel about his horse and gallop away.


‘This is all perfectly legal,’ explains QRIS’s legal correspondent.  ‘The Act of Government Fundraising is quite clear that repayment of funds lent to the state can be demanded at any time by this method, and the state is obliged to pay in full within seven days.  It’s why government loans are generally reckoned such a secure investment.  But it’s unheard of for a creditor on Lord Sandison’s scale to demand repayment at all, let alone of the full amount and without warning.  Smaller investors do it all the time, with no impact on the economy, but Lord Sandison is in a different league altogether.  He’s practically part of the establishment, and the leverage given by his lending is a large part of his influence, even though that’s never openly acknowledged.  This demand for payment is obviously intended as a threat, or the opening gambit of some strategy.  But until we hear anything further from either Lord Sandison or the Government, we just don’t know.’

Lord Sandison demands repayment of public debt