CONFIDENTIAL

UK COMMS ONLY

CONFIDENTIAL UK COMMS ONLY

HKB 020126

129

130511

MDHIAN 5714

FM GRAND TURK

TO IMMEDIATE FCO

TELNO 157

OF 27143OZ AUGUST 90

a

INFO ROUTINE HONG KONG, GIBRALTAR, GRAND CAYMAN, TORTOLA INFO ROUTINE PLYMOUTH, HAMILTON, WASHINGTON

S

YOUR TELNO 1523 IRAQ/KUWAIT SANCTIONS LIST OF IRAQI OWNED COMPANIES

1.

WE HAVE SIMILAR DIFFICULTIES TO THOSE REPORTED FROM ELSEWHERE. EXISTING LEGILSATION DOES NOT REQUIRE DIRECTORS OR SHAREHOLDERS TO DISCLOSE THEIR NATIONALITIES, AND IN THE CASE OF EXEMPTED AND FOREIGN TURKS AND CAICOS COMPANIES NO LISTS ARE REQUIRED.

THAT SAID, OUR OFFSHORE FINNCE CENTRE UNIT IS NOT AWARE OF ANY IRAQI BENEFICIAL INTEREST IN ANY LICENSED INSURANCE COMPANY OR BANK REGISTERED HERE.

2.

YOU ARE AWARE OF THE KUWAITI PRIVATE INTEREST IN THE PARROT CAY DEVELOPMENT PROJECT.

3.

FABIAN

YYYY

MAIN

IRAQ/KUWAIT

LIMITED

228

DISTRIBUTION

272

MED WIAD

ADDITIONAL

44

IRAQ/KUWAIT

MAFF

(PASSED TO EMERGENCY UNIT)

NNNN

PAGE

1

CONFIDENTIAL UK

COMMS ONLY

Share This Page