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Fraud Investigation

Volume 181: debated on Tuesday 20 November 1990

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To ask the Attorney-General what have been the results of the investigations of the serious fraud squad and the Metropolitan police company fraud department into allegations of fraud prior to, surrounding and subsequent to the merger of Ferranti plc and International Signal and Control Group plc; and if he will make a statement.

Inquiries into this matter are being carried on by the Serious Fraud Office and the Metropolitan police in conjunction with the relevant authorities in the United States of America. Those inquiries have not yet been completed.