§ 12. Mr. Wyattasked the President of the Board of Trade why a member of the firm of accountants professionally employed for many years by British Lion Film Corporation to handle their accounts has now been appointed as receiver to that company.
§ Mr. H. StraussThe National Film Finance Corporation, with whom the choice lay, considered him to be the man best qualified for the task.
§ Mr. WyattSince the reason for the appointment of a receiver was the unsatisfactory financial affairs of British Lion, is it not rather unsatisfactory to appoint somebody who was responsible for the presentation of those financial affairs?
§ Mr. StraussNothing, I think, has come to light which reflects in any way adversely on the auditors. There is nothing either unlawful or unsuitable in this appointment. It is perhaps worth remembering that this firm of auditors was employed as auditors of the British Lion Corporation at the request of the National Film Finance Corporation.