§ Mr. HainTo ask the Chancellor of the Exchequer when either he or the Governor of the Bank of England knew of banking accounts held in the Bank of Credit and Commerce International by Matrix Churchill or its individual executives that were used for the export of equipment to Iraq which could be used for defence purposes; and if he will make a statement.
§ Mr. Nelson[holding answer 13 November 1992]: Neither my right hon. Friend the Chancellor nor the Governor of the Bank of England has ever been given any such information.