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been defrauded; such an exercise would be pointless. But we should be concerned at the effects of this scandal on the world stamp market, and the possible decline in revenue from philatelic sources
for some DTs.
22. Mr Turner asked whether any of those likely to be prosecuted still held positions of responsibility. BIOT was about to go ahead with a new issue. Should they delay? Mr Moody said that CAPHCO's Managing Director was still technically on the company's payroll, but he was about to be sacked. BIOT should go ahead with their plans. Mr Waterworth observed that once police report was in place some DTs might decide to pursue CAPHCO for damages. Hence they might wish to undertake a retrospective audit on profitable issues.
Item 8 Aid Matters
23.
Mr Warren reported that CAD/ODA's paper relating to aspects of the administration of governors' posts would be tabled at the DTLGS
next meeting.
Item 9
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AOB
24.
Miss Anderson asked for advice on two parliamentary questions
FID had received on the single European Act after 1992. Mr Mattey suggested she should consult ECD(E).
25. Mr January announced that the next DTLG meeting would take
place in September.
PJ5AAD/10
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