§ The Earl of Caithnessasked Her Majesty's Government:
What assets in the United Kingdom have been seized or frozen under the smart sanctions against Zimbabwe. [HL3243]
§ Lord McIntosh of HaringeySince the introduction of targeted sanctions against Zimbabwe, two accounts belonging to two listed individuals containing a total of £76,000 have been frozen. The sanctions regime effectively prevents other targeted individuals gaining access to UK financial services.
§ The Earl of Caithnessasked Her Majesty's Government:
175WAHow much money and what assets belonging to those being targeted by smart sanctions against Zimbabwe have been transferred from the United Kingdom since the announcement of the proposed action. [HL3244]
§ Lord McIntosh of HaringeySince the annoucement by EU Finance Ministers on 28 January 2002 that they proposed targeted sanctions against Zimbabwe, we are not aware of any money or assets belonging to targets of the proposed sanctions having been transferred from the United Kingdom. Since the acceptance of the EC Regulation (310/2002) on 21 February 2002 it has been a legal requirement to block such transfers.