Investment in Qatar National Bank
Dear East Devon District Council,
I'm writing to request information to which I believe I am entitled and which you may hold.
I am seeking any information on local authority funds that have been stored with Qatar National Bank in the past 5 years, either as part of Treasury management operations, or for any other reason. Please provide the following:-
A breakdown of local authority funds that have been stored with Qatar National Bank (QNB) since 1 January 2017.
The quantum of the funds invested with QNB and the interest rate earned.
The latest list of approved countries for local authority funds to be invested in.
Please note that I have also made a request to some local authorities regarding money invested by council pension funds.
This is a separate request about a different type of investment, not a duplicated request.
I look forward to a response within the statutory time period.
Yours faithfully,
Rob Davies
Dear Mr Davies,
Thank you for your FOI enquiry. EDDC have held no funds with QNB.
I hope this information is helpful but, if you feel dissatisfied with the
way we have responded to your request, please contact our Monitoring
Officer, Mr Henry Gordon Lennox, to request an internal review
[email address]
You may also approach the Information Commissioner for advice at
[1]www.ico.org.uk
Kind regards,
Sara
Ms S Harvey
Information and Complaints Officer
East Devon District Council
[2][email address]
01395 571659
[3]www.eastdevon.gov.uk
From: Rob Davies <[FOI #895230 email]>
Sent: 07 September 2022 14:05
To: FOI EDDC <[East Devon District Council request email]>
Subject: Freedom of Information request - Investment in Qatar National
Bank
Dear East Devon District Council,
I'm writing to request information to which I believe I am entitled and
which you may hold.
I am seeking any information on local authority funds that have been
stored with Qatar National Bank in the past 5 years, either as part of
Treasury management operations, or for any other reason. Please provide
the following:-
A breakdown of local authority funds that have been stored with Qatar
National Bank (QNB) since 1 January 2017.
The quantum of the funds invested with QNB and the interest rate earned.
The latest list of approved countries for local authority funds to be
invested in.
Please note that I have also made a request to some local authorities
regarding money invested by council pension funds.
This is a separate request about a different type of investment, not a
duplicated request.
I look forward to a response within the statutory time period.
Yours faithfully,
Rob Davies
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