HC Deb 14 November 1949 vol 469 c172W
61. Colonel Crosthwaite-Eyre

asked the Secretary of State for Foreign Affairs what considerations influenced His Majesty's Government to scale down the compensation required from Czechoslovakia for British assets in that country, expropriated, nationalised or otherwise confiscated from the sum of £33 million representing claims lodged with them to the sum of £8 million as agreed by them with the Czechoslovak Government.

Mr. Mayhew

The figure of £33,200,000 is merely the total of the nominal values submitted to His Majesty's Government by individual claimants. Some of these values are exaggerated and it is also certain that a number of the claims will prove ineligible for compensation under the recent agreement. Finally, the sum of £8 million was agreed to beforehand as satisfactory by the principal organisations representing the British claimants.