HL Deb 09 January 1995 vol 560 c10WA
Lord Kennet

asked Her Majesty's Government:

What is the proportion of the export income of African countries currently being used to pay their debts; to which Governments and institutions are those debts owed; whether present African governments incurred these debts; what proportion of the monies originally borrowed do they consider may have been fraudulently re-exported into banks within British, British dependency, Swiss or other jurisdictions; and in such cases, what steps are being taken to assist present African governments in recovering any of these monies.

Lord Henley

The proportion of export income being used by African countries to pay their debts and to which type of creditor is given on pages 174–175 ofWorld Debt Tables 1993–4 Volume 1, published by the World Bank.

The UK is not involved in assisting African countries to recover monies which may have been fraudulently exported.

The other information sought is not available.