HC Deb 02 March 1951 vol 484 c330W
Mr. Renton

asked the Financial Secretary to the Treasury what is the present gross value of Japanese assets held by the Custodian of Enemy Property; what claims and other commitments have still to be met out of those assets; and what is the estimated total amount of such claims and other commitments.

Mr. Jay

The gross value of Japanese assets in this country is about £2 million; but this gross figure is subject to a number of claims for liens and set-offs which have not been fully investigated. The net value is estimated at approximately £1–1¼ million. No decision has yet been taken about the final disposal of these assets and about what, if any, claims and commitments are to be met out of them.

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