HC Deb 07 February 1940 vol 357 cc230-1W
Mr. R. Gibson

asked the First Lord of the Admiralty what contracts with the Government are held by the Burmah Oil Company, Limited; whether he is aware that in the month of December, 1939, that company floated some seven subsidiary companies having the same directors as itself; in what way the creation of these companies affected the contracts held by the parent company with the Government; and whether, in scrutinising the costings relating to those contracts, the books of the subsidiary companies are open to inspection by his or other Government accountants?

Mr. Churchill

I am advised that these companies have been formed simply for the purpose of convenience of administration, and such changes do not affect the Admiralty contract for oil in any way.