PracticeAuditNo Wakeham inquiry says ICAEW

No Wakeham inquiry says ICAEW

The ICAEW has denied suggestions that it is expected to hold an inquiry into former Tory energy minister Lord Wakeham's role as non-executive director.

A spokeswoman from the ICAEW told Accountancy Age.com that press reports suggesting it was to hold an inquiry were incorrect.

She added that if the institue were to hold an inquiry in the future it would be announced.

The story comes amid allegations that the government’s lifting of a moratorium on gas-fuelled power stations had something to do with Enron Europe sponsoring gala dinners at the Labour Party Conferences in 1998 and 1999.

The Labour party has denied all allegations.

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