From The Times 4th October 1994.

'Duo with 1mUKP to burn leave island guessing'
by Gillian Bowditch, Scotland Correspondent

Islanders on Jura are used to rich southern visitors with money
to burn, but the activities of two former pop stars who allegedly
burnt 1mUKP in cash in the dead of night have left many on the
island bewlidered, incredulous and angry.

Bill Drummond and Jimmy Cauty, formerly of the pop group KLF and
the men behind the K Foundation's alternative Turner prize, are
said to have gone with two witnesses to the Hebridean island,
where between 12.45am and 2.45am on August 23 [predicable date -
Drew] they built a fire and burnt 20,000 50UKP notes.

The first the islanders knew was when Alex Riley Smith, a local
landowner, found 1,500UKP in 50UKP notes on the beach while
fishing five days later. Some had been charred. Mr Riley Smith
called the local constabulary from Islay.

Sergeant Lachlan Maclean checked the money with both banks on
Islay and with Customs and Excise, who pronounced it genuine. "I
telephoned Mr Drummond in London and told him the money had been
found. I asked him if it was his. He said he would get in touch
with his partner, Mr Cauty. So far he has not telephoned back".

Sergeant Maclean says he will not be contacting Mr Drummond again.
"He's had hs chance. No crime has been committed. The money will
go to the finder on October 28 if it is not claimed before then."

Mr Cauty and Mr Drummond, with Jim Reid, a freelance writer, and
Alan Goodrick, their tour manager, stayed at the Jura Hotel for
one night on August 22. Fiona Walton, who owns the hotel, says
they gave no hint about why they were there. The duo has
previously made a video film of a 60ft-high burning wicker man
being carried from the sea.

Mr Reid has spoken of feeling "guilty" and then "bored" during
the two hours it took to burn. He is adamant the money was real
and that he was with Mr Drummond and Mr Cauty when it was
collected from a security firm in Kent.