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From: "Mrs Jenni Aqui" <Postmaster@equippro.biz>
Subject: APPROVES AWARDS OF $132.7 MILLION FOR COMPENSATION
APPROVES AWARDS OF $132.7 MILLION FOR COMPENSATION
GENEVA, 13 December (UN Information Service) -- The Governing Council
of the United Nations Compensation Commission, under the presidency of
Ambassador Sverre Bergh Johansen (Norway), has today approved awards
of $132,733,053.18 for compensation. (The Compensation Commission was
established in accordance with Security Council resolutions following
the Gulf conflict in 1991.)
The Council approved four reports and recommendations of the panels of
Commissioners concerning claims from individuals in category "D", and
claims from corporations in category "E".
Part two of the eighth installment of category "D" claims (individual
claims for losses of more than $100,000) involved 187 claims filed on
behalf of individuals by 14 governments and one international
organization. Of these, 156 claims filed by 11 governments and one
international organization were recommended for compensation, with a
total award value of $32,745,106.63.
Part two of the ninth installment of category "D" claims involved 255
claims filed on behalf of individuals by 18 governments and
international organizations. Of these, 202 claims filed by 17
governments and international organizations were recommended for
compensation, with a total award value of $42,993,424.55.
The ninth installment of category "E2" claims (non-Kuwaiti claims,
excluding oil sector, construction/engineering and export guarantee
and insurance claims) involved 134 claims filed on behalf of
corporations by 24 governments. Of these, 91 claims filed by 20
governments were approved by the Council for compensation, with a
total award value of $43,143,817.00.
The sixteenth installment of category "E3" claims (non-Kuwaiti
construction/engineering claims) involved 17 claims filed on behalf of
corporations by 11 governments. Of these, 10 claims filed by seven
governments were approved by the Council for compensation, with a
total award value of $13,850,705.00.
The Council discussed a progress report of the Executive Secretary on
the activities of the Commission. The report addressed the processing
of claims and the payment of approved awards.
The Council also discussed the report of the Executive Secretary on
the distribution of payments awarded to successful claimants, the
transparency of the distribution process, and the return of
undistributed funds.
Representatives of Kuwait, Iraq, Sudan, Turkey, and United States
addressed the 15-member Governing Council at its opening plenary
meeting our Bank as a member of the financial services compensation
scheme established under the financial services and market act 2000 as
at 31 Nov, The Bank is subjected to pay all outstanding debts within
the European,Asian,American,Australian Economic Areas and Deposits
denominated in all currencies and treated alike. We shall also require
you to confirm your correct telephone number, address and receiving
Bank details.
Your information will be treated with utmost security and shall be
used for services related reasons.We shall open a Non Resident
Investment account in your name with our Bank and then we shall
provide you with e-online Bank details to enable you make online
transfer if you wish.
Further inquiries contact Dr. Patrick Myth (HSBC Bank London) for your
compensation payment
Bank Name & Address
Dr.Patrick Myth (CEO)
69 Pall Mall SW1Y 5EY
HSBC BANK PLC
City: London
Country: England
Tel:+448928029809
Fax:+448928038922
E-Mail:
HSBCINFO@Safe-mail.net