TNAG-2245-FCO40-3228-Bank-of-Credit-and-Commerce-Hong-Kong-Limited-(BCCHK)-1991 — Page 73

NOTE OF A CALL ON THE SECRETARY OF STATE BY A DELEGATION LED BY

MR KEITH VAZ MP TO DISCUSS THE BCCI:

0930 9 SEPTEMBER

Present

Secretary of State

PS

Mr Bayne

Mr Gore-Booth

Mr Burton HMA Abu Dhabi

Mr Nixon MED

Mr Vaz MP

Mr Green

Mr Homewood

Mr Mahmud

Mr Ahsan

Mr Saleem

Mr Cornish News Dept

Mr Dhunna

Mr Soper ERD

Mr Malik

Mr Teuma

Mr Khan

He

1. Mr Vaz thanked the Secretary of State for receiving his

delegation which represented the interests of depositors and

staff the Bank of Credit and Commerce International (BCCI).

said that David Green represented a firm of solicitors

appointed by the Law Society to look after the interests of

BCCI depositors, and Richard Homewood represented the firm of solicitors Pickering Kenyon. They had called on Mr Ashdown and

Mr Kinnock on 5 September. The call on the Secretary of State

was the last in this series of calls following their visits to Abu Dhabi and Hong Kong. They did not wish to discuss events which occurred before 5 July: those were for the Inquiry being conducted by Lord Justice Bingham. They wished, instead, to

concentrate on the possible restructuring of the BCCI.

2. Mr Vaz said that his delegation met two members of the

ruling family and various officials during their visit to

Abu Dhabi. There was appreciation of the generally good

relations between the UAE and the UK but serious concern had

been expressed about the actions of the Bank of England in

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