HC Deb 13 June 1967 vol 748 cc53-4W
57. Mr. Evelyn King

asked the Secretary of State for Commonwealth Affairs if he will estimate the total loss caused to Lonhro by British Government action relating to the oil pipeline.

Mr. George Thomas

No. Only the company itself can assess the adverse effects on this part of its business arising out of the Rhodesian regime's illegal declaration of independence. I do not in any case accept the phrase "total loss", since Lonhro's share in the pipeline company presumably remains a valuable asset against the time when Rhodesia returns to constitutional rule.

Mr. Evelyn King

asked the Secretary of State for Commonwealth Affairs why the Government will not confirm the payment of compensation to Lonhro on account of total loss of business in respect of the pipeline, over which shareholders have no control.

Mr. George Thomas

Her Majesty's Government do not accept liability to compensate persons who may be adversely affected by any of the lawfully instituted measures taken to bring about a return to constitutional government in Rhodesia.

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