CREDITORS and administrators are trying to trace the assets of a bankrupt tycoon who was one of the Scottish Tory party's biggest donors.

Malcolm Scott's business empire collapsed earlier this year after he could not repay millions of pounds borrowed from banks.

The Edinburgh-born-and-bred tycoon is facing questions about where the money went, while financial investigators are seeking to locate unaccounted-for assets, such as two Persian rugs worth about £50,000.

Please enable cookies in your browser to display the rest of this article.

Related articles