CODE 18-77
Reference
was referred to in that telegram.
5. Mr Compton telephoned me this morning. He has again
been in touch with Mr Gannon and it has been decided that
Barings should be given a limited authority to act on a dicretionary basis, pending resolution of the problem of the
letter of authority, and the question of the
"constitutional" relationship between the KIA and the KIO
and whether in a legal sense the latter could act on behalf
of the former in the manner proposed in the KIO letter to
BIAAL OF 10 August 1990. I would welcome legal advice on
this and related points.
6. Mr Compton pointed out that as the question of Barings being able to act for KIO would be of extensive interest
outside of Hong Kong a decision in the matter ought to be
well publicised to other posts.
Mumess.
T Furness
Hong Kong Department
WH311
16 August 1990
CC:
Mr Heigl (MED)
Mr Chamberlain (Legal Adviser)
Mr Penfold (WIAD)
Mr Fifoot, Legal Advisers
BRIABW/2
270 2653
}
with exclosure
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