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By Freya Berry
LONDON, April 10 (Reuters) - A British parliamentarycommittee will question independent financial adviser Lazardthis month regarding its role in the sale of Royal Mail,a committee spokeswoman said on Thursday.
Lazard, which advised the government on the Royal Mail stockmarket listing, will be called before the Public AccountsCommittee (PAC) on April 30, the spokeswoman said.
This comes a week after a report by the National AuditOffice (NAO) criticised the government for its reliance onindependent advisers during the 2 billion pound ($3.4billion)listing of Royal Mail and said it had sold the companytoo cheaply.
The 2013 initial public offering caused a public outcryafter the shares surged 38 percent on the first day of publictrading.
British Business Secretary Vince Cable was summoned earlierthis week to face the committee for a third time over theprivatisation.
Lazard, which has also advised the government on sellingpart of its holding in Lloyds Banking Group, received1.5 million pounds for its role in the Royal Mail deal.
Unlike banks, financial advisers do not distribute sharesdirectly but work with the company seeking access to capitalmarkets, acting as intermediary between the client and thebanks.
Lazard was not immediately available for comment.
($1 = 0.5961 British Pounds) (editing by Kirstin Ridley and Jane Merriman)