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Peculation In The City

EDM number 173 in 1993-94, proposed by Austin Mitchell on 03/12/1993.

That this House notes that Roger Levitt got a mere community service sentence for misappropriating ú20 million and Terry Ramsden a suspended sentence for the ú323 million fraud in the collapse of Glen International; notes that these sentences follow a long line of failures by the Serious Fraud Office, whose success rate in contested cases is only 40 per cent; insists that the reputation of the City of London as a protective haven for unpunished peculation, corruption and sleaze can only be redeemed by ending a system of self regulation which has become the mafia regulating the mafia by a light and loving touch and substituting a powerful and effective framework of statutorily based independent regulation, like the American Securities and Exchange Commission with power to loose the certain vengeance of the terrible swift sword of retribution through enquiries, fines, disqualifications, closures, and punishment by both civil and criminal cases; and calls on Her Majesty's Government to introduce such a powerful framework quickly so as to end a regulatory force which lets wealthy grinning fraudsters escape with millions and disport themselves in northern Cyprus, Spain, the home counties, anywhere convenient to plot their next coup, while those in poverty languish in prison for failure to pay poll tax, television licences, even water rates, all imprisoned for being poor.

This motion has been signed by a total of 84 MPs, 2 of these signatures have been withdrawn.

Austin Mitchell03/12/1993Great GrimsbyProposed
Ernie Ross06/12/1993Dundee WestSigned
Harry Barnes06/12/1993North East DerbyshireSigned
Peter Hain06/12/1993NeathSigned
Norman Godman06/12/1993Greenock and Port GlasgowSigned
Jim Dowd06/12/1993Lewisham WestSigned
Michael Connarty06/12/1993Falkirk EastSigned
Eric Clarke06/12/1993MidlothianSigned
Edward O'Hara06/12/1993Knowsley SouthSigned
Bill Michie06/12/1993Sheffield, HeeleySigned
Alan Meale06/12/1993MansfieldSigned
William McKelvey06/12/1993Kilmarnock & LoudounSigned
John McAllion06/12/1993Dundee EastSigned
Peter Hardy06/12/1993WentworthSigned
Keith Bradley07/12/1993Manchester, WithingtonSigned
Mike Watson07/12/1993Glasgow CentralSigned
John Battle07/12/1993Leeds WestSigned
Jimmy Dunnachie07/12/1993Glasgow, PollokSigned
Ken Livingstone07/12/1993Brent EastSigned
Barry Jones07/12/1993Alyn & DeesideSigned
Dennis Skinner07/12/1993BolsoverSigned
Colin Pickthall07/12/1993West LancashireSigned
Martin Redmond07/12/1993Don ValleySigned
Ken Purchase07/12/1993Wolverhampton North EastSigned
Dawn Primarolo07/12/1993Bristol SouthSigned
John Heppell07/12/1993Nottingham EastSigned
Michael Clapham08/12/1993Barnsley West & PenistoneSigned
Jack Thompson08/12/1993WansbeckSigned
John Gunnell08/12/1993Leeds South and MorleySigned
Win Griffiths08/12/1993BridgendSigned
Tommy Graham08/12/1993Renfrew West and InverclydeSigned
John Evans08/12/1993St Helens NorthSigned
John Cummings08/12/1993EasingtonSigned
Harry Cohen08/12/1993LeytonSigned
Ronnie Campbell08/12/1993Blyth ValleySigned
David Marshall08/12/1993Glasgow, ShettlestonSigned
Eddie Loyden08/12/1993Liverpool, GarstonSigned
Lynne Jones08/12/1993Birmingham, Selly OakSigned
Eric Illsley08/12/1993Barnsley CentralSigned
Greg Pope08/12/1993HyndburnSigned
Paul Flynn09/12/1993Newport WestSigned
Terry Davis09/12/1993Birmingham, Hodge HillSigned
Stephen Byers09/12/1993WallsendSigned
David Clelland09/12/1993Tyne BridgeSigned
Chris Mullin09/12/1993Sunderland SouthSigned
Anne Campbell09/12/1993CambridgeSigned
Bridget Prentice09/12/1993Lewisham EastSigned
Ian Davidson10/12/1993Glasgow, GovanSigned
Janet Anderson10/12/1993Rossendale & DarwenSigned
Mike Hall14/12/1993Warrington SouthSigned
Dennis Turner15/12/1993Wolverhampton South EastSigned
Alan Williams16/12/1993Swansea WestSigned
Tony Wright16/12/1993Cannock and BurntwoodSigned
Brian Wilson16/12/1993Cunninghame NorthSigned
Clive Betts16/12/1993Sheffield, AttercliffeSigned
Bill Etherington16/12/1993Sunderland NorthSigned
Robin Corbett16/12/1993Birmingham, ErdingtonSigned
Peter Pike16/12/1993BurnleySigned
Keith Hill17/12/1993StreathamSigned
Mike Gapes17/12/1993Ilford SouthSigned
Nick Ainger17/12/1993PembrokeSigned
Jamie Cann11/01/1994IpswichSigned
Hugh Bayley11/01/1994York, City ofSigned
Joe Benton11/01/1994BootleSigned
Gordon Prentice12/01/1994PendleSigned
Richard Caborn12/01/1994Sheffield CentralSigned
Nigel Jones13/01/1994CheltenhamSigned
Mike O'Brien19/01/1994North WarwickshireSigned
Martin O'Neill19/01/1994ClackmannanSigned
Roger Berry19/01/1994KingswoodSigned
Joan Walley19/01/1994Stoke-on-Trent NorthSigned
Roger Godsiff26/01/1994Birmingham Small HeathSigned
George Stevenson02/02/1994Stoke-on-Trent SouthSigned
Maria Fyfe02/02/1994Glasgow, MaryhillSigned
Geoffrey Robinson02/02/1994Coventry North WestSigned
Roland Boyes03/02/1994Houghton and WashingtonSigned
Martyn Jones08/02/1994Clwyd South WestSigned
Bill Olner09/02/1994NuneatonSigned
Lawrence Cunliffe09/02/1994LeighSigned
Alan Wynne Williams09/02/1994CarmarthenSigned
Barry Sheerman11/02/1994HuddersfieldSigned
Audrey Wise15/02/1994PrestonSigned
Bryan GouldUnknownWithdrawn
Jimmy BoyceUnknownWithdrawn

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