Queen's Moat Houses plc (Hansard, 18 July 1996)

HC Deb 18 July 1996 vol 281 c611W 611W

§ Mr. Austin Mitchell
To ask the President of the Board of Trade if he will make a statement on his Department's investigation into the Queen's Moat Houses group, indicating the costs to public funds incurred to date. [37822]

Mr. John M. Taylor
On 12 November 1993 inspectors were appointed under section 432(2) of the Companies Act 1985 to investigate and report on the affairs of Queen's Moat Houses plc. Their inquiries are continuing. The cost of the inspection to date is £2.5 million.