Business question from Peter Soulsby (Labour) in the House of Commons on Thursday, 5 July 2007. It occurred during Business statement on Business of the House.
Business of the House
May I join the chorus of welcomes to the new Leader of the House? Is she aware of the recent collapse of First Solution Money Transfer Ltd? The company specialised in taking remittances from Bangladeshis to Bangladesh, but its collapse means that some 20,000 people have lost money that might amount to millions of pounds. I suggest that the matter is too important to be left to an Adjournment debate, so I hope that the Leader of the House will speak to her ministerial colleagues to ensure that we have a statement or, preferably, a debate in the House, about how it was possible for the company to collapse leaving such debts, the role of the regulators, and what the Government are doing to ensure that our constituents get their money back.
Secondary information
- Type
- Proceeding contribution
- Reference
- 462 c1100-1
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Debts Closures Financial institutions Bangladesh First Solution Money Transfer
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 12:41:05 +0000
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