§ 64. Mr. Redheadasked the Secretary of State for Industry, Trade and Regional Development what inquiries 104W have been made into the circumstances whereby the Livestock Group of Companies incurred deficiencies of £981,061; when those inquiries began; when they were concluded; and what were the findings of the inquiries.
§ Mr. D. PriceInspectors were appointed by the Board of Trade under Section 165(b) of the Companies Act, 1948, to investigate the affairs of this group of companies. The inspectors were appointed on the 25th May, 1962, and reported to the Board of Trade on the 3rd October, 1963. As a result police inquiries are now being made and these must be expected to take some time. I would prefer not to make any further statement at the present stage.