HC Deb 23 October 2001 vol 373 cc202-3W
Dr. Cable

To ask the Chancellor of the Exchequer which London banks were found by the FSA to have handled funds stolen from Nigeria by General Sami Abacha; and which banks were criticised for lax money laundering controls. [7995]

Ruth Kelly

[holding answer 15 October 2001]: The Banking Act 1987 restricts the FSA's ability to make its findings public. Under the new Financial Services and Markets Act, which comes into force on 1 December, the FSA will have wider powers to disclose this information.