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Hms "Mermaid"

Volume 929: debated on Monday 28 March 1977

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asked the Secretary of State for Defence what was the outstanding balance of the construction costs of HMS "Mermaid" which was written off by Her Majesty's Government when she was acquired after it was agreed with the Government of Ghana that they did not want the vessel.

As noted in Appropriation Account 1971–72, Class II, Vote 2 (HC 52), loans totalling £3,803,148 made to the Ghana Government for the construction of the frigate were converted to grant, and interest totalling £773,772 was waived.