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Treasury

Answer

Dr. Cable: To ask the Chancellor of the Exchequer if he will list the Taliban assets in the UK which are frozen; when assets of the (a) Afghan National Credit and Finance and (b) the National Trading Company of Afghanistan were frozen; and what the value of frozen assets is. [8013] Ruth Kelly: [holding answer 15 October 2001]: The UK Government have frozen £63 million of Taliban assets since sanctions were introduced; details of the assets are listed in the table. No funds belonging to Afghan National Credit and Finance have been frozen in the UK. The National Trading Company of Afghanistan assets were frozen on Friday 5 October 2001 as a temporary measure. When the freeze lapsed, we decided to take no further action as they work for the state of Afghanistan and not the Taliban, and are therefore not covered by the UN sanctions. _________________________________________________________________________________________________. Bank/company Number of accounts{ 1} Sterling value (£ million) Pashtany Tejaraty bank 6 3 Banke Millie 11 4.5 Da Afghanistan bank 13 55 Ariana Airlines 2 0.4 Khalid Al-Fawwaz 1 23.19 Total 33 63 _________________________________________________________________________________________________. {1} Approximately

Secondary information

Type

Written question

Reference

8013; 372 c1213-4W;372 c1212W

Session

2001-02

Subjects

Finance Terrorism Sequestration of assets Afghanistan Taliban

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk