§ Mr. Philip Oppenheim
asked the Secretary of State for Trade and Industry if he will issue a statement on the recommendation in the Fifteenth Report of the Committee of Public Accounts that his Department should carry out an investigation into the circumstances of the National Enterprise Board's loss on NEXOS.
§ Mr. Butcher
The Government will reply to the PAC's 15th Report in the normal way, by Treasury minute, in due course. But so far as this particular recommendation is concerned I can express our agreement now that the circumstances justify an investigation, separate from normal monitoring. The DTI will therefore conduct a full investigation into the NEXOS case.