TNAG-2245-FCO40-3228-Bank-of-Credit-and-Commerce-Hong-Kong-Limited-(BCCHK)-1991 — Page 144

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

18 August 1991

MY EF: BCCI/KV

From: KEITH VAZ MP

Kate Bourne

HOUSE OF COMMONS

The Rt Hon Douglas Hurd MP

Foreign Secretary

Foreign Office

Whitehall

London SW1

LONDON SWIA OAA

2. MED for an urgent

draft reply pse

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from me

Mr Gore Booth

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Douglas,

I am writing to you concerning the position of the BCCI Depositors with the Hong Kong Bank.

I and a small delegation of staff and depositors will be 1991 to travelling to

Thursday 22 August Hong Kong on discuss with the depositors their particular circumstances.

A

I understand that there are problems in the Hong Kong Government giving approval to the possible sale of BCCI Hong Kong to a consortium of Business people and Banks and also that the Sheikh has stated that he will indemnify prospective purchaser against loss. It is therefore crucial that quick action is taken in order to accept the offer and proceed with the sale.

I would be glad if you would let me know whether the Foreign Office is involved in this matter and also whether the British Government has

any views

the success or otherwise of this venture.

as to

I will be in Abu Dhabi from Tuesday to Thursday and in Hong Kong from 12.45pm on Friday 23 August and I would appreciate your comments by then. My office in London which can be contacted by Bleeper No. 0399 1133 ask for 767043 will have my up to date travel arrangements and a fax number.

With best wishes

Yours sincerely

tentu

KEITH VAZ

Leicester Office: 144 Uppingham Road, Leicester LE5 OQE Telephone: 0533 768834

7

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