Skip to main content

Japanese Assets, United Kingdom

Volume 484: debated on Friday 2 March 1951

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Financial Secretary to the Treasury what is the present gross value of Japanese assets held by the Custodian of Enemy Property; what claims and other commitments have still to be met out of those assets; and what is the estimated total amount of such claims and other commitments.

The gross value of Japanese assets in this country is about £2 million; but this gross figure is subject to a number of claims for liens and set-offs which have not been fully investigated. The net value is estimated at approximately £1–1¼ million. No decision has yet been taken about the final disposal of these assets and about what, if any, claims and commitments are to be met out of them.