§ Lord Spensasked Her Majesty's Government:
Whether the Department of Trade and Industry wrote, as indicated in their letter of 4 January 1989 to Mrs. Olsen of the Serious Fraud Office, to Lord Grantchester QC, Chairman of the Licensed Dealers Tribunal, criticising his judgment in the matter of TWH Management Ltd; and whether the DTI wrote to the Securities and Investments Board and to the Investment Management Regulatory Organisation "indicating to the extent proper our criticisms of it". [HL51]
§ Lord McIntosh of HaringeyThere is no evidence on the files that any formal communication was sent to Lord Grantchester; nor that copies of the report were sent to SIB (now FSA) or IMRO. It is however clear that TWH Management Ltd disclosed the report to IMRO.