HC Deb 06 February 2001 vol 362 c464W
Sir Richard Body

To ask the Secretary of State for Trade and Industry if he will carry out an investigation into the operations of the company First Point International, and the reasons for defaulting on its creditors. [148904]

Dr. Howells

A winding-up order was made against First Point International Limited on 10 May 2000. The Official Receiver is under a statutory duty to investigate the causes of the company's failure and the promotion, formation, business, dealings and affairs of the company, and to make any appropriate reports to the court. There is therefore no need for my right hon. Friend the Secretary of State for Trade and Industry to mount a separate investigation of these matters.