UK Parliament / Open data

Banking (Special Provisions) Bill

Proceeding contribution from Lord Higgins (Conservative) in the House of Lords on Wednesday, 20 February 2008. It occurred during Debate on bills on Banking (Special Provisions) Bill.
My Lords, the noble Lord said at the beginning of his remarks on Granite that its sole purpose was to raise money for Northern Rock. Is it true that it was in fact set up as a charitable trust that was supposed to help disabled children? That is alleged, and I know not whether it is true. Perhaps the noble Lord could confirm that. Secondly, is it true that the audited accounts of Northern Rock included the Granite assets?

About this proceeding contribution

Reference

699 c192 

Session

2007-08

Chamber / Committee

House of Lords chamber
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