CONFIDENTIAL
192
CONFIDENTIAL
FM FCO
TO IMMEDIATE HONG KONG
TELNO 1331
OF 1818OOZ JULY 91
нио
HKо 026//TOP COPY
RECENS
Q DIST?
15 JUL 1991
104322
MDHOAN 7451
YOUR TELNOS 2179 AND 2290: LORD CAITHNESS' VISIT : BRIEFING ON THE LIQUIDATION OF BCC (HONG KONG)
1. IF THE LIQUIDATION OF BCC HONG KONG IS STILL A LIVE ISSUE WHEN LORD CAITHNESS IS IN HONG KONG NEXT WEEK, HE MAY BE TACKLED ON THE CLOSURE AND SUGGESTIONS MAY BE MADE THAT THE
BANK OF ENGLAND WAS SOMEHOW AT FAULT FOR NOT HAVING ACTED SOONER.
2.
WE HAVE NOT YET SEEN ANYTHING IN THE PRESS TO SUGGEST THAT THINKING IS MOVING IN THIS DIRECTION IN HONG KONG. BUT NEITHER ARE WE FAMILIAR WITH THE EXACT POSITION OF BCC HONG KONG AND ITS PARENT BCCI. WE WOULD BE MOST GRATEFUL IF YOU WOULD PREPARE A LINE TO TAKE FOR LORD CAITHNESS FOR HIS ARRIVAL AND ALSO TO LET US KNOW WHETHER THERE IS ANY POTENTIAL FOR HMG TO BE DRAGGED IN. IF ASKED, OUR CURRENT LINE IS THAT THIS IS ENTIRELY A MATTER FOR THE HONG KONG AUTHORITIES.
HURD
YYYY
ΜΑΙΝ
26
LIMITED
HKD
NEWS D
NNNN
DISTRIBUTION
26
PS/LORD CAITHNESS
MR BURNS
PAGE
1
CONFIDENTIAL