Zimbabwe: Sequestration of Assets

Foreign and Commonwealth Affairs written question – answered on 21st January 2008.

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Photo of Geoffrey Clifton-Brown Geoffrey Clifton-Brown Shadow Secretary of State for International Development

To ask the Secretary of State for Foreign and Commonwealth Affairs how much has been frozen in bank accounts under economic sanctions taken against Zimbabwe; and if he will make a statement.

Photo of Kim Howells Kim Howells Minister of State, Foreign & Commonwealth Office

EU member states do not systematically share detailed information for Zimbabwe, or other sanctions regimes, concerning the value of funds they have identified and frozen. However, they are legally obliged to freeze all funds and economic resources belonging to persons listed under the sanctions regime. It is prohibited to make funds or economic resources available, directly or indirectly, to these persons. The reported balance of UK frozen funds amounts to over £170,000.

The UK is firmly committed to the full implementation of all EU sanctions, along with our EU partners.

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