Middle East and North Africa

Christopher Pincher Excerpts

Tuesday 7th June 2011 Commons Chamber

[Mr Hague]

Clearly there is widespread opposition of the kind that the hon. Gentleman describes, and the FIA must take that into account as it considers the decision it has made. It must make its own decisions—we should be clear about that—but the widespread opposition that he refers to is clear.

[Christopher Pincher (Tamworth) (Con)]

In his statement my right hon. Friend rightly said that the national transitional council represents the legitimate aspirations of the Libyan people. So does he believe that the $53 billion-worth of frozen Libyan assets, including the $182 million-worth allegedly held by the Royal Bank of Scotland, will be released to the NTC for it to dispose of as it wishes?

[Mr Hague]

It is not possible to release those assets under the current UN resolutions—of course we have looked at this matter, but all the advice that we have been given is that it is not possible to do that. Other countries have received the same advice and, certainly, all other European countries are in the same position. It is very important that we stay within the UN resolutions and retain the moral authority of operating within international law, even though that is inconvenient in some respects and requires us to do some things differently from how we might wish. So that is a higher priority than finding a way around the UN resolutions. If it is possible to change them at any stage, we would be ready to do so.