HC Deb 05 July 1932 vol 268 cc239-40
51. Mr. GROVES

asked the Financial Secretary to the Treasury whether he is aware that, since the Member for Stratford (Mr. Groves) has called attention to the affairs of the St. Mary's Steamship Company, Cardiff, in this House, the company have taken steps to place upon the market for sale some of their ships; and whether the financial proceeds of any such transaction will be held by the Treasury as subject to Income Tax payment as a contribution to the £36,000 due to the Treasury?

Major ELLIOT

I am not aware of the circumstances referred to by the hon. Member. In any case, as I informed him on the 26th of May last, and again on the 27th of June, the taxation liabilities of the company in question have been settled.

Mr. GROVES

Now that the right hon. and gallant Member is aware of all the circumstances, does he propose to take any action?

Major ELLIOT

I am not going to open again a settlement which has been reached.

Mr. GROVES

Is the right hon. and gallant Member aware that this indebtedness of £36,000 has been settled for £3,600, and in view of the loss to the taxpayer will he now make fresh inquiries and take action for the recovery of these amounts?

Major ELLIOT

As I have given this information twice already this Session I am aware of it.

Mr. GROVES

Is the right hon. and gallant Member also aware that all his replies have given me no information whatever?