Proceeding contribution from Anne Snelgrove (Labour) in the House of Commons on Tuesday, 7 November 2006. It occurred during Adjournment debate on Farepak.
Farepak
My hon. Friend is right; a cheque from one of my constituents was cashed 15 minutes before the administration. I understand that the administrator has a statutory duty to report to the Secretary of State for Trade and Industry, and if he considers that the conduct of any director makes him unfit to be the director of a limited company, he can prevent them from being able to. We are discussing very rich men. They are rich off the backs of the hard work of our constituents, who now have nothing at Christmas. That is not justice.
Secondary information
- Type
- Proceeding contribution
- Reference
- 451 c188-9WH
- Session
- 2005-06
- Chamber / Committee
- Westminster Hall
- Subjects
- Companies Closures Personal savings Farepak HBOS
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-05 23:41:13 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_358866
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