Department for International Trade: Operating Costs:Written question - HL486

Q
Asked by Lord Myners
Asked on: 07 June 2016
Department for Business, Innovation and Skills
Department for International Trade: Operating Costs
Lords
To ask Her Majesty’s Government whether they will publish the report of the Insolvency Service into the collapse of BHS.
A
Answered by: Baroness Neville-Rolfe
Answered on: 15 June 2016

It would not be appropriate for details of the ongoing investigation to be made public as that may prejudice the outcome of any criminal or civil cases which arise from it.

If any directors are disqualified the Insolvency Service will publish the details of the disqualification on its website (for three months) and will notify Companies House, which keeps the statutory register of disqualifications. In addition, where the investigation uncovers matters of potential criminal misconduct or other regulatory breaches then this will be reported to the relevant authority for further action.

Once the investigation is completed the Government will consider what detail it is appropriate to publish having full regard to any legal restrictions on publication, and also the legitimate public interest in the cause of the BHS failure.

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