New evidence delays Eq Life report until May

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The Parliamentary Ombudsman has delayed her report into the collapse of Equitable Life until May 2007.

The Ombudsman, Ann Abrahams, had originally planned to lay her report before Parliament in November, a circumstance which led the European Parliament’s inquiry into the Equitable Life collapse to delay their findings until April 2007 so they could take into account the findings of Abrahams. However, Abrahams has this week written to MPs to announce the report will now be delayed until May 2007 after her team discovered in April some evidence which “appeared to be of potential relevance to the matters under investigation had not been disclosed”. And she says once the government responded t...

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