Fraudulent Bankruptcies.

Oral Answers to Questions — Trade and Commerce. – in the House of Commons on 14th December 1933.

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Photo of Mr Edward Doran Mr Edward Doran , Tottenham North


asked the President of the Board of Trade if he proposes to seek further legislative powers to deal with the increasing number of cases of fraudulent bankruptcy by firms, mainly alien in name, who have begun trading operations on altogether insufficient capital?

Photo of Mr Edward Burgin Mr Edward Burgin , Luton

My information does not enable me to accept the implications contained in my hon. Friend's question, and I have no reason to think that the provisions of the existing law are inadequate to deal with fraudulent bankruptcies where satisfactory evidence is forthcoming.

Photo of Mr Edward Doran Mr Edward Doran , Tottenham North

This question was originally addressed to the Attorney-General. [HON. MEMBERS: "Question!"] May I ask the Parliamentary Secretary if he is aware that there are operating in this country 3,000 fraudulent bankrupts, who are mainly alien Jews, and is he going to take any action to protect the British trader against these economic vultures who are picking the flesh—[Interruption]. May I have an answer to my question? view of the fact that the Parliamentary Secretary is not capable of giving one, I beg to give notice that I shall raise this question on the Adjournment.