HC Deb 03 May 1950 vol 474 cc1666-7
7. Captain Duncan

asked the Secretary of state for the Colonies what is the total amount made avaliable by his Majesty Government for the Payment of compensation by the Malayan authorities to persons and firms as a result of the war; and what percentage of that sum has now been paid out by the Malayan Government.

Mr. J. Griffiths

His Majesty's Government have agreed to make a grant of £20,000,000 and an interest-free loan, if required, of up to £18,500,000 for this purpose. The Malayan Governments are at present utilising local assets derived from the proceeds of the sale of looted rubber and tin, etc., which was recovered from Japan, for the payment of awards under the War Damage Compensation Scheme, and no part of His Majesty's Government's contribution has, therefore, been paid to the local governments.

Mr. Emrys Hughes

Would the Secretary of State tell us whether any of this interest-free loan will find its way into the pockets of the people who made over 60 per cent. profits last year?

Mr. Griffiths

The grants under this loan are used for the specific purpose to which I referred in my answer.

Major Tufton Beamish

Could the right hon. Gentleman say whether there is any likelihood of an early decision being reached on the paying of compensation? Is he further aware that the long delay has caused considerable hardship to many thousands of British subjects, Chinese and Malayans equally?

Mr. Griffiths

I gave an answer to that question last week. If the hon. and gallant Member looks it up he will see that interim payments have begun.

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