HC Deb 09 December 1991 vol 200 c274W
Mr. Gordon Brown

To ask the Attorney-General what is the remit of the Serious Fraud Office inquiry into the Maxwell Communication Corporation.

The Attorney-General

The Serious Fraud Office is investigating the circumstances surrounding a £55 million loan from Swiss Bank Corporation to Adviser 188 Ltd., a company owned by Headington Investments Ltd., which is itself associated with the late Mr. Robert Maxwell. Subsequently the director of the Serious Fraud Office decided to investigate allegations concerning the management of the assets of the pension funds of various companies also associated with Mr. Maxwell.

The investigations are being carried out in conjunction with the City of London police.

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