§ Mr. Liptonasked the Secretary of State for Trade if he will appoint an inspector to investigate and report on the affairs of Slater Walker Securities Limited.
§ Mr. Clinton DavisThere have been allegations of irregularities in the affairs of certain Slater Walker companies in the Far East. These companies do not 549W come within Her Majesty's Government's jurisdiction, but the two Governments concerned, of Hong Kong and of Singapore, have already instituted inquiries.
So far as Slater Walker United Kingdom based companies are concerned we have been informed by the new chairman that the financial position of the company is being investigated by independent accountants and that their report will be made available to my Department. My right hon. Friend will study this and any additional information as it becomes available.