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Lloyd's (Police Inquiries)

Volume 113: debated on Wednesday 25 March 1987

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asked the Secretary of State for Trade and Industry when he expects the police inquiries into the affair involving Ian Postgate, Lloyd's, and Alexander Howden to be completed; and when he expects to publish the report.

Police inquiries are well advanced. However, no date for completion can be given.As I said on 26 January in a reply to a written question from the hon. Member, the interim report of the Inspectors appointed under Section 165(1)

(b) of the Companies Act 1948 (Section 432(2) of the Companies Act 1985) to investigate and report on the affairs of Alexander Howden Group plc cannot be published while police inquiries continue.