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Volume 401: debated on Friday 14 March 2003

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To ask the Secretary of State for Trade and Industry what inquiries her Department has made into the UK operations of Enron. [100756]

Conduct reports pursuant to the Company Directors Disqualification Act 1986 have been received from the joint Administrators or joint Liquidators (all PriceWaterhouseCoopers) in Enron Europe Ltd. and 21 other subsidiary companies.The Disqualification Unit of The Insolvency Service is making inquiries into those failures from the viewpoint of disqualification of the directors No decision as to whether disqualification proceedings are warranted has, however, been made.