Department for Business and Trade written question – answered at on 8 February 2024.
Lord Arbuthnot of Edrom
Conservative
To ask His Majesty's Government whether in incurring potential liabilities on the group litigation against Alan Bates and others which concluded in 2019, the Post Office required authorisation from the Government; and if so, what authorisation was needed and from whom; and whether such authorisation was granted.
Lord Offord of Garvel
The Parliamentary Under-Secretary of State for Scotland, Parliamentary Under Secretary of State (Department for Business and Trade)
Under its Articles of Association, the Post Office is required to gain prior written consent from the Shareholder before entering into a transaction which involves the incurrence of a commitment, liability or payment of a sum in excess of £50 million. Officials have checked our records and have seen no evidence of any such written consent.
Yes2 people think so
No1 person thinks not
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