Funds and property valued at about $370 million traced to accused Ponzi schemer Allen Stanford have been located, but disputes over control of the assets are holding up disbursement, liquidators for Stanford's offshore bank said on Friday.

Nigel Hamilton-Smith and Peter Wastell, the liquidators who work for a unit of Vantis Plc, said $100 million in assets in the United Kingdom and $100 million in Switzerland have been located, but Stanford's U.S. receiver Ralph Janvey and U.S. prosecutors are also seeking control of those funds.

Swiss regulators will decide who should control funds there and a court in the United Kingdom will decide control of those assets, the liquidators said in a statement.

A Canadian court ruled in December that Janvey should have control of $20 million in assets located in that country and the liquidators are contemplating an appeal of that decision, they said.

Land valued at more than $150 million in Antigua has also been traced to Stanford or companies he controlled, the liquidators said.

Stanford, 59, faces civil and criminal charges related to a $7 billion Ponzi scheme. Prosecutors allege he bilked clients through the sale of fraudulent certificates of deposit issued by his offshore bank in Antigua, using proceeds to bankroll a life of luxury.

Stanford has denied any wrongdoing and is in a Houston jail awaiting his January 2011 trial.

Hamilton-Smith and Wastell were named liquidators by the High Court of Justice of Antigua and Barbuda. Janvey was appointed by a federal judge in Dallas.

(Reporting by Anna Driver, editing by Gerald E. McCormick)

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