HC Deb 23 May 1990 vol 173 cc187-8W
Mr. Wilshire

To ask the Secretary of State for Foreign and Commonwealth Affairs what progress is being made in implementing the Foreign Compensation (Union of Soviet Socialist Republics) (Distribution) Order 1987.

Mr. Sainsbury

The Foreign Compensation Commission, which has been assisted in the performance of administrative tasks by Price Waterhouse, will on 1 June begin making final payments from the Russian fund amounting to approximately £28.2 million, representing 24.78 per cent. of the value assigned to a claim, to successful claimants against the fund. Taking into account the two previous interim payments, the total sum paid to claimants from the fund will amount to approximately £62.4 million, representing 54.78 per cent. of the assessed value of successful claims. The disbursements commencing on 1 June will exhaust the balance in the fund.

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