Letter to the Parliamentary Commissioner
for Standards from Mr Arif Husain, General Mediterranean Holding
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.