HC Deb 01 February 1994 vol 236 c616W
Mr. Waterson

To ask the President of the Board of Trade on how many occasions his Department has instigated criminal prosecutions in each of the years 1991, 1992 and 1993 in relation to possible offences involving the use of phoenix companies; and if he will make a statement.

Mr. Neil Hamilton

In 1990–91, 11 prosecutions were carried out by my Department for offences under section 216 of the Insolvency Act 1986. The figure for 1991–92 was nine and, for 1992–93, five. So far in this financial year, there have been eight such prosecutions.