HC Deb 29 October 1990 vol 178 cc381-2W
Mr. Cousins

To ask the Secretary of State for Trade and Industry what representations he has received about recent developments at Polly Peck Ltd. and Del Monte.

Mr. Redwood

No representations about Polly Peck plc have been received since I wrote to the company on 25 September 1990.

However, in view of recent developments my right hon. Friend the Secretary of State has said that he will look at all the information available to him arising from the move into administration of Polly Peck and the events leading up to it. In particular he has told the administrators that he will want to hear from them at the earliest opportunity whether they think there are any matters that need investigating which require the use of the Secretary of State's powers under the Companies Acts, bearing in mind the investigation being undertaken by the Serious Fraud Office.

No separate representations have been received about Del Monte.