§ Mr. CohenTo ask the Secretary of State for Trade and Industry what is the nature of the response of his Department to the alleged fraud at Ferranti; and if he will make a statement.
§ Mr. RedwoodThe Serious Fraud Office and the company fraud department of the Metropolitan police are actively investigating allegations of fraud prior to, surrounding and subsequent to the merger of Ferranti plc and International Signal and Control Group plc. They will take action if that is necessary following investigation.