Investment in Qatar National Bank
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
This is an automatic reply. Thank you for your enquiry which has been
passed to the most suitable officer for action.
To meet our customer care standards we will try to reply to you as soon as
possible and provide a full response within 7 working days. If you have
asked for information under the Freedom of Information Act 2000, you
should receive a reply from us within 20 working days. Please look at our
website for more details and exceptions to these response times:
[1]http://www.elmbridge.gov.uk/council/free...
Please note we are not able to reply to unsolicited emails.
Alternatively, please visit our website for more information on our
service [2]www.elmbridge.gov.uk
Elmbridge Borough Council
High Street, Civic Centre, Esher
Surrey, KT10 9SD
[3]http://www.elmbridge.gov.uk
01372 474474
References
Visible links
1. http://www.elmbridge.gov.uk/council/free...
2. http://www.elmbridge.gov.uk/
3. http://www.elmbridge.gov.uk/
Dear Mr Davies,
The position of the authority in relation to the query you have raised is
as follows:
• A breakdown of local authority funds that have been stored with Qatar
National Bank (QNB) since 1 January 2017: nil
• The quantum of the funds invested with QNB and the interest rate
earned: nil
• The latest list of approved countries for local authority funds to be
invested in: UK only
The Council operates a presumption of openness in its access to
information. It provides much information outside the provisions of the
Freedom of Information Act and it will continue to do on a “business as
usual” basis. Persons do not need to engage the statutory provisions to
access all reasonable information about the Council and its services.
If, for whatever reason, you are unhappy with our response, you have the
right to ask for an internal review. Internal review requests should be
submitted within two months of the date of receipt of the response to your
original letter and should be addressed to the Law Practice Manager,
Elmbridge Borough Council, Civic Centre, High Street, Esher, Surrey KT10
9SD.
Should you then remain dissatisfied at the outcome of that process, you
are entitled to appeal against the decision by contacting:
The Information Commissioner's Office, Wycliffe House, Water Lane,
Wilmslow, Cheshire, SK9 5AF.
Telephone: 0303 123 1113 or 01625 545 745
Website: www.ico.org.uk
There is no charge for making an appeal.
Yours sincerely
Damian Rodgers | Treasury & Transaction Accountant | Finance
[1][email address] | [2]www.elmbridge.gov.uk
Elmbridge Borough Council, Civic Centre, High Street, Esher, Surrey KT10
9SD
References
Visible links
1. mailto:[email address]
2. http://scanmail.trustwave.com/?c=11436&a...
We work to defend the right to FOI for everyone
Help us protect your right to hold public authorities to account. Donate and support our work.
Donate Now