TNAG-2029-FCO40-2891-Hong-Kong-freezing-of-Kuwaiti-and-Iraqi-assets-1990 — Page 72

UNCLASSIFIED

FM AMMAN

TO PRIORITY FCO

TELNO 792

OF 200909Z NOVEMBER 90

UNCLASSIFIED

HKB 020/26

ж

HK. JRAR/

FROZEN BANK ACCOUNTS OF FORMER IRAQ/KUWAIT RESIDENTS

189

111117

MDLIAN 8426

KAWAIT

G.

M

1.

THE LOCAL PRESS ON 19 NOVEMBER REPORTED A DECISION BY THE BANK OF ENGLAND TO LIFT RESTRICTIONS ON ACCOUNTS HELD BY NON KUWAITI CITIZENS FORMERLY RESIDENT IN KUWAIT HELD IN BRITISH BANKS. THE NEWS WAS REPORTEDLY CONTAINED IN A STATEMENT ISSUED BY THE CENTRAL BANK OF JORDAN (CBJ), WHO WERE SAID TO HAVE RECEIVED A CABLE TO THIS EFFECT FROM THE BANK OF ENGLAND.

2"

THE CBJ STATEMENT ALSO REFERRED TO THE NEED FOR JORDANIANS WITH ACCOUNTS IN BRITISH BANKS TO SUPPLY EVIDENCE THAT THEY WILL NOT RESIDE IN KUWAIT OR IRAQ AT LEAST UNTIL THE END OF THE GULF CRISIS: THEY SHOULD WRITE TO THEIR UK BANK TO THAT EFFECT.

3.

IT IS NOT CLEAR TO US WHETHER THIS REPORT SIMPLY REFLECTS THE EARLIER DECISION BY THE BANK OF ENGLAND CONVEYED IN YOUR TELNO 525 OR WHETHER THERE IS SOME NEW DECISION FURTHER TO EASE RESTRICTIONS. IT WOULD BE HELPFUL TO HAVE YOUR VIEW SINCE THIS IS A SUBJECT ON WHICH WE ARE REGULARLY TACKLED BY JORDANIANS.

REEVE

YYYY

ΜΑΙΝ

IRAQ/KUWAIT

LIMITED

229

ADDITIONAL

by hy

DISTRIBUTION

273

}

MED

IRAQ/KUWAIT

(PASSED TO EMERGENCY UNIT) NNNN

PAGE 1 UNCLASSIFIED

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