Hugh Fraser investigated for sale of shares

Title

Hugh Fraser investigated for sale of shares

Genre

Interview

TX Date

Sep 1976

Year of production

1976

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Duration

00:01:32

Description

Interview with Sir Hugh Fraser, ex-managing director and chairman of the House of Fraser, who is welcoming a Stock Exchange inquiry into the sale of his shares. The story relates to the sale of shares in Scottish Universal Investments (SUITS) group to Roland (Tiny) Rowland, who then attempted to gain control of House of Fraser. Rowland’s shares were eventually sold to Mohamed Al-Fayed who eventually acquired Harrods. Reference is made to the Slater Walker investment company, which got into trouble the previous year. Male interviewer not identified fully (only as ? Montgomery). Broadcast on Radio Clyde.

Contributors

Hugh Fraser; ? Montgomery; Radio Clyde.

Keywords

Share dealing; Stock exchanges; Criminal investigation; Hugh Fraser; Harrods; Tiny Rowland; Mohamed Al-Fayed; House of Fraser

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