IMPERIAL AND INTERNATIONAL COMMUNICATIONS, LIMITED.

HC Deb 24 July 1930 vol 241 c2400

61. Mr. WELLOCK

asked the Financial Secretary to the Treasury whether the advisory committee of Imperial and International Communications, Limited, has made any report as to the present position of that undertaking?

Mr. PETHICK-LAWRENCE

No, Sir.

Mr. WELLOCK

Have the Government nominees on the advisory committee made any recommendation for clearing out the superfluous directors and dealing with the question of over-capitalisation, which is so flagrant in this instance?

Mr. PETHICK-LAWRENCE

I could not answer that question without notice.