Quarriers CEO Dr Ron Culley said:
“It is with deep regret that we are unable to participate in the national Redress Scheme, as we had hoped and planned. We have worked productively with Scottish Government officials for the past eighteen months, but in the end our teams could not bridge the gap between what Quarriers could afford and the realistic minimum level of financial contribution that the Scottish Government could accept.
“Our priority is the well-being of the thousands of people that we support in communities right across Scotland. Independent analysis confirmed that the charity does not have the necessary assets or cash reserves to contribute £4 million without seriously impacting on the sustainability of the services that we provide.
“It is important to point out that no one applying to the scheme will be negatively impacted financially due to Quarriers not being able to take part.
“Quarriers remains committed to supporting former residents and will invest an additional £1 million in aftercare services over the next ten years. Close discussions with the survivor community will ensure these funds are directed towards appropriate support, and we will also continue to seek reconciliation with survivors of abuse.