Monday 14th February 2011

(13 years, 10 months ago)

Lords Chamber
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Lord Howell of Guildford Portrait Lord Howell of Guildford
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Those are very wise words from the noble Lord. He rightly says that as far as the politics and democratic future of Egypt are concerned, we can support and assist and offer our skills and experience, but we cannot lecture, dictate or harangue. The more we and other outside powers do so, the more counterproductive it will be.

I agree with what the noble Lord says about the military. They will be judged by how they proceed. We are entitled to watch, to hope, to note some encouraging aspects as well as—one must be realistic—those that are bound to take time, if I may put it like that, and possibly to show a degree of patience as well as a desire to see things go the right way. I also agree with what he says about the pattern in Yemen. The terrorism, the divisions, the civil war, the problems in the north, the other difficulties, the poverty and the many other internal challenges that Yemen has faced in recent years add up to a very difficult situation. There is no one button that can be pressed to bring it all to a happier state of affairs. We have to proceed with great care and understanding in that country.

Lord Hylton Portrait Lord Hylton
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My Lords, I noted what the Statement said about assets. The Minister will be in the picture about certain small, discreet but very helpful initiatives that the Government of Switzerland have taken as regards the Middle East. Will HMG at least consider following Switzerland’s lead in freezing temporarily the assets of the Mubarak family in this country until such time as it can be determined which assets are personal, family assets and which belong to the state of Egypt? In this context, I hope the noble Lord will agree that accounts and valuables in the Isle of Man and the Channel Islands should be included in any process.

Lord Howell of Guildford Portrait Lord Howell of Guildford
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At this stage I can tell the noble Lord that we will note and are studying the actions taken by other countries, including Switzerland, and the moves that they have made. Any illegality will be met properly by the appropriate application of the law, as we have said. We will seek to clarify the situation regarding any asset holdings in this country. I know the noble Lord will accept that over the years these matters have been evolved—if that is the polite verb—in very complex ways and ways designed to make it extremely difficult to unravel where the ownership of these assets lies. All these matters will have to be unravelled and unravelled I hope they will be. We will certainly take the steps that my right honourable friend the Foreign Secretary described in his Statement, and we will take them firmly.