DTI 'no comment' on Anglia and Saatchi

The Department of Trade and Industry is reported to be winding down its investigations into allegations of insider dealing in shares in Anglia Television and Saatchi and Saatchi, now renamed Cordiant. There have been no prosecutions resulting from either investigation as yet. Neither case has been officially acknowledged, although the Independent has been made aware of interviews that have been requested in connection with the Anglia TV inquiry, which was re-opened earlier this year.

The DTI declined to comment yesterday, saying that "it was not the department's practice either to confirm or deny that an investigation is being conducted or has been conducted into a particular company or individual".