My Rt hon Friend the Secretary of State for Business, Innovation and Skills recently announced plans to expedite this Insolvency Service investigation. It is not 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. This is long standing Insolvency Service policy. However, I have met with the Insolvency Service to discuss the conduct of the investigation and will expect to do so periodically as the investigation progresses.<\/p>
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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.<\/p>
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Once the investigation is completed the Government will consider what detail it is appropriate to publish having full regard to any legal restrictions and on the legitimate public interest in the cause of the BHS failure.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"} } , "answeringMemberConstituency" : {"_value" : "Broxtowe"} , "answeringMemberPrinted" : {"_value" : "Anna Soubry"} , "dateOfAnswer" : {"_value" : "2016-06-14", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/523836/answer/previousversion/3470", "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"} } , "answeringMemberConstituency" : {"_value" : "Broxtowe"} , "answeringMemberPrinted" : {"_value" : "Anna Soubry"} } , "questionFirstAnswered" : [{"_value" : "2016-06-14T13:28:49.107Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "26"} , "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"} , "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"} , "date" : {"_value" : "2016-06-08", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "British Home Stores: Insolvency"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, by when he expects the findings from the Insolvency Service investigation into BHS to be published.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/478", "label" : {"_value" : "Biography information for Lord Field of Birkenhead"} } , "tablingMemberConstituency" : {"_value" : "Birkenhead"} , "tablingMemberPrinted" : [{"_value" : "Frank Field"} ], "uin" : "39931"} , {"_about" : "http://data.parliament.uk/resources/347978", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/347978/answer", "answerText" : {"_value" : "
Information was received in July 2014 from the liquidators of two companies involved in administering the cashback warranty scheme formerly sold by Scottish Power. This information has been reviewed by the Insolvency Service to determine whether or not any further investigation is warranted using powers available in the Companies Act.<\/p>
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The liquidation of the companies involved in the scheme is still under way, and the creditors of those companies will receive reports from the liquidators if they are to be paid further dividends.<\/p>
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Investigations conducted under section 447 Companies Act 1985 are confidential; therefore it is not our practice to announce whether or not such an investigation is taking place, or to report on the investigation outside of strict statutory gateways.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"} } , "answeringMemberConstituency" : {"_value" : "Broxtowe"} , "answeringMemberPrinted" : {"_value" : "Anna Soubry"} , "dateOfAnswer" : {"_value" : "2015-06-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2015-06-09T13:15:22.187Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "26"} , "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"} , "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"} , "date" : {"_value" : "2015-06-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Scottish Power"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, if he will begin an investigation into the liability of ScottishPower and the alleged mis-selling of cashback warranties.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/478", "label" : {"_value" : "Biography information for Lord Field of Birkenhead"} } , "tablingMemberConstituency" : {"_value" : "Birkenhead"} , "tablingMemberPrinted" : [{"_value" : "Frank Field"} ], "uin" : "728"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 2, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }