From the Principal Private Secretary

RT MON

10 DOWNING STREET

LONDON SWIA 2AA

HKD

XPS

(5q

PS/Lord Caithness

Mi Burns

Ассі

W

12 September 1991

Mr Slove

The Prime Minister has asked me to thank you and your co-signatories for your letter of 4 September.

тара Mr Eavess

(To Note:

One of

мик

The Prime Minister fully understands and sympathises with the hardship that you are facing as a result of the closure of the Bank of Credit and Commerce Hong Kong Ltd. He does not, however, feel that it would be appropriate for him to intervene in this matter which falls squarely within the Hong Kong Government's jurisdiction and authority. He is aware that Hong Kong Government officials are working hard to find the best solution on behalf of depositors and other creditors of BCCHK and he hopes that their efforts will be successful.

Your letter has been passed to the Hong Kong Government as you requested.

Mr. Y. Y. Chan

ANDREW TURNBULL

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