§ Dr. CableTo ask the Chancellor of the Exchequer if he will list the Taliban assets in the UK which are frozen; when assets of the(a) Afghan National Credit and Finance and (b) the National Trading Company of Afghanistan were frozen; and what the value of frozen assets is. [8013]
§ Ruth Kelly[holding answer 15 October 2001]The UK Government have frozen £63 million of Taliban assets since sanctions were introduced; details of the assets are listed in the table. No funds belonging to Afghan National Credit and Finance have been frozen in the UK. The National Trading Company of Afghanistan assets were frozen on Friday 5 October 2001 as a temporary measure. When the freeze lapsed, we decided to take no further action as they work for the state of Afghanistan and not the Taliban, and are therefore not covered by the UN sanctions.
Bank/company Number of accounts1 Sterling value (£ million) Pashtany Tejaraty bank 6 3 Banke Millie 11 4.5 Da Afghanistan bank 13 55 Ariana Airlines 2 0.4 Khalid Al-Fawwaz 1 23.19 Total 33 63 1 Approximately