HL Deb 04 March 1996 vol 570 cc2-3WA
Lord Kennet

asked Her Majesty's Government:

Further to their Answer of 9th January 1996 (WA 17), whether they will now urge the European Union to persuade the Swiss government to prevent the banks within their jurisdiction from receiving money allegedly obtained by fraud from other countries and their governments.

Lord Mackay of Ardbrecknish

There is nothing I can usefully add to the Answer I gave the Noble Lord on 9th January 1996. (Official Report, col. WA 17).

Lord Kennet

asked Her Majesty's Government:

Further to their Answers of 9th January 1996 (WA 17), what information they have about that part of the $654 million fund in the possession of former South Korean President Roh Tae Woo which has been placed in Swiss banks; and

Further to their Answers of 9th January 1996 (WA 17), what information they have about the large part of the former Philippine President Marcos's "fortune" which was placed in Swiss banks; and

Further to their Answers of 9th January 1996 (WA 17), what information they have about the allegation that members of the Nigerian junta have funds placed in Swiss banks; and

Further to their Answers of 9th January 1996 (WA 17), what information they have about the allegation that close relatives of the former Mexican President Salinas have funds placed in Swiss banks; and

Further to their Answers of 9th January 1996 (WA 17), what information they have about the allegation that a part of the $60 billion funds allegedly missing from the ex-Soviet Union is unlawfully present in Swiss banks.

Lord Mackay of Ardbrecknish

It is not the Government's practice to comment on unsubstantiated allegations or matters relating to potential or ongoing criminal or regulatory investigations, either here or abroad.