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Inspectors Reports

Volume 205: debated on Friday 13 March 1992

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To ask the Secretary of State for Trade and Industry, pursuant to his answer of 25 November, Official Report, column 397, what was the cost of each of the reports listed; what auditing firms were criticised in the reports; and to what interested parties he has supplied the unpublished reports.

The cost of the inspections listed in the reply I gave on 25 November is set out below, where available.The inspections into Dunlop Holdings Ltd., Euroflame Holdings plc and Hartley Baird plc were carried out by departmental staff and cost information is not available.

[holding answer 5 March 1992]: The Department does not undertake investigations into the management of pension funds. The Occupational Pensions Board monitors the ability of contracted-out schemes to meet their guaranteed minimum pension liabilities. From the limited information available the board is unable to trace a contracted-out scheme in which either Jacob or Jeremiah Harouni is involved.