Min­is­ter of Na­tion­al Se­cu­ri­ty Min­is­ter Stu­art Young has start­ed a defama­tion claim against UNC Sen­a­tor Wade Mark con­cern­ing al­le­ga­tions made by Mark at a re­cent pub­lic meet­ing.

At­tor­neys for Young sent a pre-ac­tion pro­to­col let­ter to Mark on Thurs­day re­gard­ing the mat­ter.

The let­ter stat­ed Mark made the al­le­ga­tions at a UNC meet­ing in Diego Mar­tin on May 27.

The at­tor­neys - JD Sel­l­i­er and Co- said Mark al­leged Young wrong­ly used his of­fice as Min­is­ter to “cor­rupt­ly/in­flu­ence and/or wrong­ful­ly fa­cil­i­tate”the place­ment of sub­stan­tial pub­lic funds held by Home Mort­gage Bank, NFM and NIB, with NCB Glob­al Fi­nance in which Young’s broth­er An­gus was Chief Ex­ec­u­tive Of­fi­cer - CEO.

Young’s at­tor­neys said the al­le­ga­tions were false and Young has no fi­nan­cial in­ter­est in NCB Glob­al Fi­nance.

The firm said Young on­ly knew of the trans­ac­tions on May 10 when queries were raised by UNC MP Roodal Mooni­lal.

The at­tor­neys called for Mark to apol­o­gise and not to re­peat the al­le­ga­tions and to pay Young’s le­gal costs in the mat­ter.