Dáil Éireann Debate, Tuesday - 22 September 2015
346. Deputy Pearse Doherty asked the Minister for Finance the value of funds domiciled here currently frozen by United Nations or European Union regulation; if he will provide a breakdown of the nationality of the owners of these funds; the UN or EU regulation that provoked the freezing of the funds in each case; and if he will make a statement on the matter. [31441/15]
View answerThe Central Bank has advised me on this issue and provided the following information. The EU implements Restrictive Measures autonomously at an EU level or as a result of resolutions of the Security Council of the United Nations through the publication of EU Regulations. EU Regulations are binding on all Member States once published in the EU Official Journal.
Financial Institutions in Ireland are required to notify the Central Bank when funds have been frozen or blocked. The Central Bank has included as follows a current list of the regimes and amounts of funds where it has received such notifications.
As the majority of funds frozen or blocked relate to entities, no nationality information is included.
|
Regime |
Currency and amount Frozen/Blocked/Refused |
|
Al Qaida |
$1,219,932 |
|
PKR 53,612 |
|
|
€1 |
|
|
Iran |
$214,716 |
|
GBP 687,427 |
|
|
AUD 810 |
|
|
AED 6,377 |
|
|
€ 940 |
|
|
Libya |
XOF 780,000 |
|
$ 1,664,292,092 |
|
|
EUR 1,274,909 |
|
|
Syria |
$ 620,951 |
|
ZAR 1,626.54 |
|
|
Other regimes such as Liberia/Burma/Myanmar |
$ 8,246 EUR 3,809.00 |
|
Somalia/North Korea |
PKR 297 KRW 50,000.00 |
