HC Deb 31 July 1961 vol 645 cc114-5W
74. Mr. Wall

asked the Lord Privy Seal what total sum has now been paid by the Foreign Compensation Commission against claims of property and assets of British nationals taken over by the Egyptian Government; and what is the number and estimated value of the claims still outstanding.

Mr. Heath

Up to 26th July the Foreign Compensation Commission had paid out £6,275,552 in respect of Egyptianisation claims and £388,198 in respect of losses and damage to sequestrated property, making a total of £6,663,750. These figures are net, after deduction of £416,735 in respect ofex gratia loans.

The number of claims awaiting assessment by the Commission amounted on 26th July, to 435 in respect of Egyptianisation and 471 in respect of sequestration losses, the respective sums claimed being £35,695,149 and £2,045,996.