-15-
of 1983 and would be in respect of the BMFL/Carrian situation.
(8) "CHA 1" 4978, "copy memo
J. Marshall to George Tan" 4th May 1983.
(9) "CHA 1", serial No. 4994, "Telex GT to LEO re: revised rescue scheme"
dated 5th May 1983.
40. The next group of missing
made to the proposals accompanied by supporting documentation,
documents are loan applications and
loan
Board
of BBMB. The
applications
themselves were
such
as
advice
of
solicitors,
assessments
of value and valuation reports themselves: sometimes these
were
549.
627-631, 634, 618, 621, 623, 627-631,
751 711,
to the HK
Government,
the
total
advances,
the
were
made SO
merely referred to, enabling the board members to call for their production at will. There are many such loan application references, see e.g. "CHA 1", 548,
According etc.
subject of charges,
It is further alleged that irregularly as to evidence dishonesty on my part. the advances were made contrary not only to all normal and accepted banking rules and practice but also to the established rules within BMFL and BBMB. During the committal proceedings, the HK Government adduced evidence from : Mr. George Cathles, a "banking expert" on the issue of banking practice unde by BBMB. Such practice was contrasted with BMFL's lendin the manual issued practice to Carrian, which he severely criticises.
on this issue, in part on the basis of eviden 41. It is put against me given by BBMB, that there were deviations from the normal lending policy BBMB in respect of Carrian and that such deviations of which I had knowled could justify an inference of dishonesty on my part. In respect of a number BBMB's loans, approved by the Board, the documents demonstrate that the loan:
(42)