§ Mr. VazTo ask the Secretary of State for Northern Ireland if she will make a statement on the support she has given to councils that have lost money with BCCI. [71201]
§ Mr. IngramLisburn Borough Council was the only district council in Northern Ireland which lost its investment with the collapse of BCCI. No direct support was given by the Department of the Environment for Northern Ireland as councils have the authority to make their own investment decisions. However, the Local Government Auditor did assist in a review of the council's investment procedures and provided advice on the way forward.