Rt Hon Douglas Hurd MP The Foreign Secretary Whitehall

London SW1A 0AA

From: KEITH VAZ MP

(2737) Doptrade?

40

HKD: Top copy of a letter received by fax.

HOUSE OF COMMONS

LONDON SWIA QAA

LONDON

thing 103/31 Pa

Mr Stone

You have

SoIacitted

1st September 1991

Deas Doylas

You

30

will recall that I wrote to you on 18th August 1991 concerning the position of the BCCI Depositors with the Hong Kong Bank.

Lynda Chalker replied to me by fax in your abscence and I was grateful for her prompt response.

Having spoken with depositors of the Bank and having reviewed the situation I am confident that a sale of the Bank will be forthcoming but it needs strong pressure from the Government to make sure that this happens.

I was pleased with the response which I had from Sir David Forde the Acting Governor as well as the Banking Commissioner and the Finance Secretary. All informed me that they were keen to see a settlement of this issue.

I hope that you are equally supportive of moves arrive at an equitable solution.

With Best Wishes, Yours sincerely,

Keeze

KEITH VAZ

Leicester Office: 144 Uppingham Road, Leicester LE5 0QF.

Telephone: 0533 768834

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