HC Deb 05 December 1960 vol 631 c113W
68. Mr. A. Lewis

asked the Lord Privy Seal if he will make a statement on the progress made concerning the Allied order made in 1945 for Alfred Krupp to dispose of parts of his holding in the firm of Krupps, which manufactured plant, equipment and munitions for the German Government during the years 1939 to 1945.

Mr. Heath

Under the Krupp deconcentration plan of March, 1953, assets worth about f12 million have been disposed of. The remainder of the coal and steel assets incorporated in the Rheinhausen holding company remain to be sold. The Mixed Committee of Experts, established in accordance with the Bonn Settlement Convention, granted an extension of time until 31st January, 1961, for the disposal of these assets. I understand that the Chairman of the Committee has now called a meeting to consider an outstanding application by Herr Krupp for a further extension of time to January, 1962.