HC Deb 17 February 1994 vol 237 c998W
Mr. Alan Williams

To ask the Secretary of State for Defence what compensation has been offered to United Kingdom banks which provided the Malaysian Government with loans at concessionary rates under the terms of the memorandum of understanding of 27 September 1988.

Mr. Aitken

All defence purchases by Malaysia under the 1988 MOU have been made on a cash basis. The need for finance at concessionary interest rates has not arisen.