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JP Morgan and Zurich Financial Services

Volume 474: debated on Wednesday 23 April 2008

To ask the Secretary of State for Justice (1) how much his Department and its predecessors paid to JP Morgan in each year since 1997; and what the purpose of each payment was; (199587)

(2) how much his Department and its predecessors paid to Zurich Financial Services in each year since 1997; and what the purpose of the payment was in each case.

The responses covering each part of the Ministry are as follows:

Former DCA/MOJ

Since 1 April 2005, there have been no payments made by the former DCA to either JP Morgan or Zurich Financial Services.

Data prior to 1 April 2005 may be obtained only at disproportionate costs.

HMCS

Since 1 April 2005, there have been no payments made by HMCS to either JP Morgan or Zurich Financial Services.

Data prior to 1 April 2005 may be obtained only at disproportionate costs.

Tribunals

Since the launch of the Tribunals Service in April 2006, there have been no payments made to either JP Morgan or Zurich Financial Services within the Executive agency.

Office of the Public Guardian (PGO/OPG)

The PGO/OPG paid £68,823.09 to JP Morgan Fleming Asset Management in 2001. Payment was in respect of consulting on investment matters. No other payments have been made to JP Morgan by the OPG.

There have been no payments made by PGO to Zurich Financial Services.

Office of Criminal Justice Reform (OCJR)

The OCJR only have expenditure data starting from 1 April 2004. Since that date, there have been no payments made by OCJR to either JP Morgan or Zurich Financial Services.

National Offender Management Service (NOMS)

NOMS are only able to provide this information at disproportionate costs, as it would require first identifying payments to these suppliers (which could not be done if it was through a broker), and then looking up the invoice to try and identify the purpose.

Her Majesty’s Prison Service (HMPS)

There have been no payments made by HMPS to JP Morgan.

HMPS paid Zurich Financial Services £5,000 in January 2005 and £3,000 in November 2007. Both payments were in respect of insurance services.