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 absolutely right; that should follow. The Secretary of State has announced that there will be an investigation into the company’s dealings. Was it fraudulent, after Farepak announced in July that it was running out of money, for it to continue to take Christmas money from families until October? I hope that the Minister can tell us whether the Farepak directors will be investigated for fraud, as my hon. Friend the Member for Livingston (Mr. Devine) asked last week in business questions. The Government have the power to ask for any documents or records and recommend that legal action be taken if the company has been involved in wrongdoing. If the Minister ensures that the administrator has the funds necessary to carry out a full investigation, so that the case does not end up as just another insolvency statistic, that will be a Christmas gift that both the Farepak customers and the Farepak directors really deserve.
Secondary information
- Type
- Proceeding contribution
- Reference
- 451 c189WH
- Session
- 2005-06
- Chamber / Committee
- Westminster Hall
- Subjects
- Companies Closures Personal savings Farepak HBOS
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-05 23:41:13 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_358868
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_358868
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_358868