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Fraud: EU Committee Report

My Lords, before the Minister sits down, I should apologise for being absent for a short time but I did not hear him comment on banking. Banking is a line of inquiry which should be followed much more vigorously than a lot of the others. As the Minister is probably aware, in the Netherlands Antilles, the First Curacao International Bank was closed down because of fraudulent deposits and payouts. I should be interested to know, as, I am sure, would my colleagues, whether other banks—the Minister does not necessarily have to give me their names—are being investigated. Through their bank accounts surely you would be able to, as I said, rattle the cage a bit more and get some more information.