§ Mr. Grylls
asked the Secretary of State for Northern Ireland if he remains satisfied with the control he exercises over the money he, and the Northern Ireland Development Agency, has invested, loaned or guaranteed to the De Lorean Motor Company; and if he will make a statement.
§ Mr. Adam Butler
As I indicated in the reply I gave to my hon. Friend the Member for Epping Forest (Sir J. Biggs-Davison) on 19 January 1982, in view of the continuing need for guarantees of borrowing by the company, and before its present difficulties had been notified to the Government, I had decided to institute major reviews of the Government's overall relationship with the company, including representation on the board of directors, and the way in which its performance is monitored.— [Vol. 16, c.115].