<p>The Department for Business, Innovation and Skills has received 27 items of correspondence in respect of Hibu, which officials have forwarded to the Insolvency Service. The Insolvency Service has discretionary powers under the Companies Act to conduct enquiries on behalf of the Secretary of State where it appears that there has been misconduct in relation to the affairs of any company, including those not subject to formal insolvency. In order to maintain confidentiality and to avoid prejudicing any potential court proceedings the Insolvency Service is not able to confirm whether an investigation of a particular company is taking place.</p>