HC Deb 06 December 1989 vol 163 cc300-1W
87. Mr. Michael

To ask the Secretary of State for Trade and Industry if he will make a statement on progress towards reimbursement of investors who lost money in the Barlow Clowes collapse and the help given by his Department in the process.

Mr. Ridley

I refer the hon. Gentleman to the reply given to him by my hon. Friend the Parliamentary Under-Secretary of State for Corporate Affairs on 1 November at column257. The latest information available to me on the progress of the liquidation of Barlow Clowes International Ltd is in my right hon. Friend the Parliamentary Under-Secretary's letter of 27 November to all members, a copy of which has been placed in the Library.

114. Mr. Tim Smith

To ask the Secretary of State for Trade and Industry what recent representations he has received about Barlow Clowes.

Mr. Ridley

I have received many representations from right hon. and hon. Members on behalf of their constituents, from the Barlow Clowes Investors Group and from investors themselves. My right hon. Friend the Parliamentary Under-Secretary of State for Corporate Affairs' letter of 27 November to all members, a copy of which has been placed in the Library, gives the latest information available on the matters about which most interest has been expressed.