§ Mr. Meacher
To ask the Secretary of State for the Home Department what approaches have been made to him from Europe in relation to the affairs of the Swiss company Sasea and related companies; and if he will make a statement.
§ Mr. Neil Hamilton
I have been asked to reply.
I understand that two Sasea companies are subject to insolvency proceedings in this country. These are Sasea Finance Ltd., which went into voluntary liquidation on 18 November 1992, and Sasea Intertrade Company Ltd., which went into voluntary liquidation on 16 June 1994. I am not aware that any approaches have been made to Her Majesty's Government regarding the affairs of these or any other Sasea group companies.