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Glamorgan Building Society

Volume 175: debated on Wednesday 4 July 1990

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To ask the Secretary of State for Trade and Industry if, further to his reply to the hon. Member for Great Grimsby on 9 March, Official Report, column 883, whether any partner from the firm of Mr. Anton was criticised by the joint disciplinary committee in its report on Glamorgan Building Society.

Yes. An individual who was a partner in the Cardiff office of Deloitte Haskins and Sells at the relevant time was the subject of criticism by a committee of inquiry appointed by the executive committee of the joint disciplinary scheme in relation to matters arising in connection with Glamorgan Building Society. He is no longer a partner in Mr. Anton's firm which, following a merger with Coopers and Lybrand, is now known as Coopers and Lybrand Deloitte.

To ask the Secretary of State for Trade and Industry if, further to his reply to the hon. Member for Great Grimsby on 19 March, Official Report, column 429, he will introduce legislation to require the auditor's letter of engagement to be communicated to shareholders by being read at the annual general meeting.