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Mogul Foods Ltd

Volume 87: debated on Tuesday 26 November 1985

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asked the Paymaster General what were the circumstances that led to the claim on the small firms loan guarantee scheme by the lender with respect to a loan to Mogul Foods Ltd. in 1982.

I am satisfied that a valid claim was made on this guarantee following a default by the borrower, Mogul Foods Ltd. I understand that there is a dispute about the circumstances which led to a default. This dispute is not a matter for my Department.