(124)
0304217
MIMDAN $184
CONFIDENTIAL
DOMIAN 3095
DD 0305007 HOKON
OO GIRRA GRCAY GATUR HAMIL PLYMO TORTO CAOFF ACTOR FM FCOLN TO HOKON
0302157 AUG
GRS 176
CONFIDENTIAL
FFFF CABINET OFFICE PASS PY'S PORTY FX FCO
TO DESKBY 0305002 HONG KONG
E NO 1458-1
OF 030215Z AUGUST ŠO
AND TO IMMEDIATE GIBRALTAR.
AND TO IMMEDIATE MONTSERRAT,
HKB 020 126.
Y
14 AUG 1990
cc.
Mr
2
Funess
HKD
GRAND DAYMAN. GRAND TURK. HAMILTOX
TORTOLA
83/0
FROM CLARKE, MED
IRCO/KUWAITI
TELECON CLARKE/ERMAN. POLI ICAL ADVISER HONG KONG FREEZING OF KUWAITI ASSETS IN DEPENDENT TERRITORIES 1. THE SECRETARY OF STATE. IN AN INTERVIEW ON 2 AUGUST (COPIED TO ALL POSTS IN THE RETRACT SERIES). ANNOUNCED THAT THE BANK OF ENGLAND AND HY TREASURY WERE ARRANGING FOR THE IMMEDIATE FREEZING OF KUWAIT: ASSETS IN THIS COUNTRY. THIS ACTION HAS BEEN TAKEN TO PREVENT ANY PUPPET REGIME WHICH MAY BE INSTALLED IN KUWAIT FROY GETTING HOLD OF KUWAITI ASSETS AND TRANSFERRING THEM. WE HAVE ALSO ASKED FRIENDLY GOVERNMENTS TO CONSIDER FREEZING KUWAITI ASSETS IN THEIR BANKS, 2.
HYB'S DECISION TECHNICALLY ONLY APPLIES TO THE UK MAINLAND. THE CHANNEL ISLANDS AND THE ISLE OF GON. BUT IN ORDER TO PREVENT KUWAITI FUNDS BEING CHANNELLED OUT OF DEPENDENT TERRITORIES. HYG WOULD BE HAPPY IF THEY DECIDED THEY WERE ABLE TO FOLLOW SUIT.
HURD
YYYY
MAIN
223
IRAQ/KUWAIT
LIMITED
MED
EAD
ADDITIONAL
46
IRAO/KUWAIT
MR WD REEVES, CABINET DEFICE
MR DJ GOWAN. CABINET OFFICE
PS/NUMBER 10 DOWNING STREST
CABINET OFFICE DIO
AUS (C)
MODUK
HD/SEC (0) (0) MODUK
200
6
13
ú
3&
HM TREASURY
MR LS SMITH,
BANK OF ENGLAND
:
(PASSED TO PM'S PARTY)
IM N JOHNSON)
OCMIAN 3095