§ Mr. Gouldasked the Chancellor of the Exchequer if he will ensure that any report sent to him by Price Waterhouse or by the City police fraud squad into the affairs of Johnson Matthey Bankers will be published.
§ Mr. Ian Stewart[pursuant to his reply, 14 March 1985, c. 260]: The Price Waterhouse report was commissioned by the Bank of England and is a matter for the governor. But I am advised that it contains confidential information concerning the commercial affairs of customers of Johnson Matthey Bankers, who are entitled to the normal confidence owed by a bank to its customers, and will not therefore be published. The findings of the report will, however, be taken fully into account by the 314W official committee which is currently reviewing the system of banking supervision in the light of events at Johnson Matthey Bankers.
I have no reason to expect a report on the affairs of Johnson Matthey Bankers from the City police fraud squad.