§ Mr. Austin MitchellTo ask the President of the Board of Trade, pursuant to his answer to the hon. Member for Great Grimsby on 3 November,Official Report, column 139, if he will provide the names of the three companies whose accounts he has referred to the financial reporting review panel; and what has been the outcome of such referral.
§ Mr. Neil HamiltonNo. In the interest of fairness the panel does not disclose the names of the companies it inquires into while the inquiries are in train and it normally announces its findings only when it has reached an adverse conclusion. I understand that in one of the three cases the panel concluded that no action was called for and the other two are under consideration. A copy of the procedures of the panel was placed in the Library of the House in June 1991.