HC Deb 25 November 1969 vol 792 cc189-90
24. Mr. Barnett

asked the Chancellor of the Exchequer what action he proposes to take on the collusion between Swiss banks and United Kingdom citizens for the purpose of evading exchange control, details of which have been sent to him; and if he will make a statement.

Mr. William Rodgers

I have nothing at present to add to what I said in the Adjournment debate on 13th November. —[Vol 791, c. 743–54.]

Mr. Barnett

Are the reports accurate which seem to indicate that the Swiss authorities told Sir Leslie O'Brien, in the politest Swiss banking terms, that they neither would nor could do anything about it?

Mr. Rodgers

I did not read the reports in that spirit, and, had I done so, I should not necessarily have thought them reliable. The Governor spoke to his Swiss opposite number, as I said he intended to do, and I think that his remarks were listened to sympathetically.