TNAG-2754-FCO40-3971-Business-matters-in-Hong-Kong-acquisition-of-Midland-Bank-by-1993 — Page 49

08/14/93

13:28

202 898 4224

CODE 18 77

COMMERCIAL WASH

Mr Kivesey Mr Millett

Kiver 196

We need to see how the

Reference

We will need to give

Us have reacted before considering

with DTI next steps. Clare Evesa.

Mr Vinall

14/16

002/003

not

this careful thought, withik, we all home a lot to lose, n least the HK and UK banks concerned,

if the usual legal channels canurt

be made to work to

prozen

the US request.

#

た

CAMARO CASE

1. We spoke earlier this week about Hong Kong telno 924 to the FCO (attached). I have tried without success to talk to Jim Springer (Department of Justice) about this, and in particular to ask him (1) how the US has reacted to the news in TUR, and (ii) where we go from here (can the request be revised and rapidly processed?).

2.

If you have time next week, I should be grateful if you could touch base with Springer (telno 514 5396). obviously need to do what we can to get this back on the right track: if this cannot be done, there is a risk of US mandatory subpoenas in this case, and we can expect any future exhortations to the US to use letters rogatory to be greeted with hollow laughter.

17/6

Edit: Whisle

Edmund Hosker

First Secretary

(Trade Policy)

11 June 1993

cc: Ms C Everson, ERD/FCO

Ms M Grew, ECTR3/DTI