Alex Salmond died with debts of more than £340,000 and assets of more than £2,000, according to his estate’s accountants.
The news came as Kenny Craig, an accountant with insolvency specialists Pazies Traynor, called the Trustee of the Sequestee of the Sequeste of the Sequeste of the Sequeste of the First Ministry.
This is a professional appointed to manage the bankruptcy process in Scotland and follows an application by the widow Moira of Salmond.
It left Salmond’s estate last week forced to seek the equivalent of bankruptcy for the costs of court action taken against the Scottish Government in the last years of his life.
The company is said to be part of that process which involves considering the amount of legal action followed by a management of an adverse investigation.
Salmond previously won £512,000 from the Scottish government after it found the process for handling harassment complaints against him by civil servants was ‘met with blatant bias’.
He was later acquitted of multiple sexual misconduct charges at a criminal trial at Edinburgh High Court.
Covenant Traynor, which describes itself as the leading corporate practice in the “UK”
At the time of his death in October 2024, the first prime minister produced more accusations seeking damages against the government he had previously led.
Thomas McKay, Managing Partner for Communications Traynor in Scotland, said: “This is an unusual and complex appointment of a high-profile individual against the Scottish government.
“Kenny Craig, supported by our personal insolvency team at The Traynor Group, will of course do everything he can to manage the sequence as efficiently and sensitively as possible.”
Salmond died after suffering a heart attack while attending an event in North Macedonia.