Dear Rob Davies

Thank you for your Freedom of Information request, which was received by Vale of White Horse District Council on 7 September 2022

Please accept this email as confirmation that your request has been received and is being considered by the relevant department and that a response will be sent to you within 20 working days, subject to the information not being exempt and subject to any need for clarification.

The deadline for this will be 5 October 2022

The reference number for this request is Vale 22/743

I trust that this email is sufficient to assure you that your request is being dealt with. However, should you have any queries in the meantime, please do not hesitate to contact the FOI team at [Vale of White Horse District Council request email]

Kind regards

Information Governance Team

Legal & Democratic Services
Vale of White Horse District Council
www.whitehorsedc.gov.uk

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From 3 October, this will be our address:
South Oxfordshire and Vale of White Horse District Councils
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Abingdon
OX14 3JE

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Vale of White Horse District Council

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Dear Rob Davies

Thank you for your Freedom of Information requests, which were received by
both South Oxfordshire District Council and Vale of White Horse District
Council, logged under FOI  22/736 South and 22/743 Vale. Please note that
the two councils operate as a shared service hence this joint response.

Under Section 1 of the Freedom of Information Act 2000 (the 2000 Act) you
are entitled to be informed in writing whether the council holds the
information specified in your request and, if that is the case, to have
that information communicated to you unless any of the statutory
exemptions apply. I have considered your request and can confirm we do
hold the information asked and I do not believe any of the statutory
exemptions apply to your request. Please find below the information you
requested:

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.

Neither South Oxfordshire District Council nor Vale of White Horse
District Council have held investments with Qatar bank since January 2017 

Please treat this as the councils’ formal response under the 2000 Act.  If
you are not satisfied with the decision I have made in response to your
request, you can make a request for an internal review by emailing
[1][email address] and [2][Vale of White Horse District Council request email]  within 40 working
days from the date we issued our response. If you remain dissatisfied
after following that procedure, you have the right under Section 50 of the
2000 Act to complain to the Information Commissioner if you feel the
council has not dealt with your request properly. You can contact the
Commissioner at Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF
(telephone number: 0303 123 1113). You can also find further information
at [3]www.ico.org.uk

Yours Sincerely

Richard Spraggett FCCA

Strategic Finance Manager & Deputy S151 officer

South Oxfordshire District Council

& Vale of White Horse District Council   

[mobile number]

Email [4][email address]

References

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1. mailto:[email address]
2. mailto:[Vale of White Horse District Council request email]
3. http://www.ico.org.uk/
4. mailto:[email address]