Dame Angela Watkinson – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Dame Angela Watkinson on 2016-02-04.

To ask Mr Chancellor of the Exchequer, what information he holds on the reasons why the Financial Conduct Authority has not sought a restitution order against (a) Capita, (b) Blue Gate and (c) the directors of Tinta plc in relation to the Connaught Income Fund.

Harriett Baldwin

The issues raised are a matter for the Financial Conduct Authority (FCA) who are operationally independent from Government.

The questions have been passed on to the FCA. The FCA will reply directly to the Honorable Member by letter. A copy of the letter will be placed in the Library of the House.