§ 32. Mr. Braineasked the Secretary of State for Foreign Affairs what action is being taken to obtain redress for the British shareholders of the Egyptian Delta Light Railway Limited, an old-established British company, the assets of which have been seized by the Egyptian Government and are now being operated by the Egyptian State Railways without rental.
§ Mr. NuttingThe matter has been informally raised by Her Majesty's Embassy with the Egyptian Government. At present, however, two lawsuits, brought by the representatives in Egypt of the company's debenture holders, are pending, and the matter is thereforesub judice. The Egyptian Government have appointed a Commission to inquire into the situation of the company and to make recommendations. The report of this Commission has not yet been received but the situation will be carefully watched.