Select Committee on Standards and Privileges Fifth Report

Annex vii9

Letter to the Parliamentary Commissioner for Standards from Mr Arif Husain, General Mediterranean Holding (UK) Ltd

In answer to the questions raised by you in your letter of 17 October 2001, kindly note:

1.  Only Mr Vaz can answer the question as to why he took three months to accept the directorship of General Mediterranean Holding (UK) Ltd.

2.  The directors listed in the annual report of General Mediterranean Holding SA were current when the 1998 report went to print.

We are puzzled by your reference to Mr Vaz's name allegedly appearing in the 1999 annual report of Compaignie Internationale de Participations Bancaires et Financières SA (CIPAF). This is not so.

3.  We are enclosing the 1996 and 1997 accounts of GMH SA, and the 1996 accounts of CIPAF SA.

24 October2001

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