Skip to main content

Companies (Fraud)

Volume 23: debated on Monday 10 May 1982

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Attorney-General in how many cases in each of the last 10 years (a) allegations of fraud concerning the affairs of an insolvent company have been reported to the Director of Public Prosecutions under section 332 of the Companies Act 1948, (b) proceedings were brought as a result of such allegations and (c) convictions were obtained.

The number of cases reported to the Director of Public Prosecutions under section 332 of the Companies Act 1948 is as follows:

1. Reports2. Proceedings3.Convictions
19721333
197313128
197421117
197514138
19763396
19772199
197826139
19792686
1980271210
19812277
19825(up to 6 May 1982)
(a) 2219770

1. Reports

2. Proceedings

3. Convictions

(b) 216

45 per cent.72ยท2 per cent.
excludingof (1)of (2)
198232 per cent. of (1)

Note:

1. For 1982 there are no results and the figures are limited.

2. The figures in column (1) show only those cases reported as section 332. They do not necessarily mean they were proceeded on under that section.

3. The figures in column (2) do not necessarily mean that they result from reports shown in column (1), though it is very probable, it cannot be confirmed.

4. The figures shown in column (3) show convictions for section 332 only.

Some defendants were convicted of other or alternative offences.