HC Deb 27 July 1979 vol 971 c607W
Mr. Grylls

asked the Secretary of State for Industry if he will arrange for his Department to start an inquiry into the loss of the National Enterprise Board of £4.5 million in British (Tanners) Products and the loss of a further £1.9 million loan from his Department in British Tanner Products; and if he will undertake to publish the results of such an inquiry.

Mr. Michael Marshall

No. So far as the National Enterprise Board's investment is concerned this is a matter for the board. So far as the Department for Industry's loan is concerned, it is not yet established what loss there will be, if any. This depends on the outcome of the receivership.

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