3
FRIDAY, AUGUST 2, 1991
INCREASING
SIR DAVID SAID THE YEARS SINCE THEN HAD SEEN AN DEMAND FOR INFORMATION, KNOWLEDGE, ENTERTAINMENT AND EDUCATION.
"I THINK WE WOULD ALL AGREE THAT THE BROADCASTING INDUSTRY DONE REMARKABLY WELL IN MEETING THESE CHALLENGES, HE SAID.
"I
HE ALSO WISHED THE METRO BROADCAST EVERY SUCCESS IN THE
HAS
YEARS
AHEAD.
NENDICK DENIES CHINA INVOLVEMENT IN BCCHK CLOSURE
*
UNITED
THE SECRETARY FOR MONETARY AFFAIRS, MR DAVID NENDICK, TODAY (FRIDAY) CATEGORICALLY DENIED AN AGENCY REPORT FILED FROM THE
GOVERNMENT STATES WHICH SAID THAT THE
OF CHINA HAD INTERVENED TO BLOCK THE CLOSING OF A BCCI BRANCH IN HONG KONG.
AND Ι THINK
THAT OR A SLIP
19
THAT "THERE IS NO TRUTH WHATSOEVER IN PROBABLY EITHER A SLIP OF THE PEN BY THE AGENCY CONCERNED OF THE TONGUE BY THE PERSON GIVING EVIDENCE.
OPERATION
"THEY COULD WELL HAVE BEEN REFERRING TO THE GUANGDONG PROVINCE WHICH IS A BRANCH OF BCCI (OVERSEAS). WHAT WE COMMERCE IN HONG KONG IS A SUBSIDIARY CALLED BANK OF CREDIT AND KONG LIMITED. IT HAS NOT GOT THE WORD 'INTERNATIONAL' IN IT AND IT A SEPARATE ENTITY FROM THE ONE IN CHINA, MR NENDICK SAID.
"
IN
HAVE HONG
19
THE HE SAID THE CIRCUMSTANCES LEADING UP TO BOTH
OPENING OF AND THE THE BANK IN HONG KONG ON SATURDAY
CLOSING ON MONDAY WERB CLEARLY SPELT OUT IN THE COMMISSIONER OF BANKING'S REPORT.
"I CAN CATEGORICALLY DENY THERE IS ANY TRUTH IN THE SUGGESTION THAT CHINA HAD ANY INVOLVEMENT IN THE MATTER.
*
BANKING'S
REPORT
MEANWHILE, COPIES OF THE COMMISSIONER OF
THE CLOSURE OF THE BANK THE GOVERNOR ON THE EVENTS LEADING TO CREDIT AND COMMERCE HONG KONG LIMITED ARE NOW READY FOR COLLECTION DEPOSITORS AND CREDITORS.
TO
OF
BY
AVAILABLE
AT
HIGH
ARR COPIES OF THE REPORT IN ENGLISH AND CHINESE THE COUNTER OF THE OFFICIAL RECEIVER'S OFFICE ON THE DECK LEVEL, BLOCK, QUEENSWAY GOVERNMENT OFFICES DURING OFFICE HOURS.
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