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Bcci

Volume 196: debated on Thursday 17 October 1991

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To ask the Chancellor of the Exchequer how many representations he has received from members of the public, depositors and staff over the Bank of Credit and Commerce International.

I have received a large number of representations from the many people affected.

To ask the Chancellor of the Exchequer when he was told that the restructuring plans for BCCI would not go ahead; and if he will make a statement.

Treasury Ministers were informed of the content of the press statement issued by the majority shareholders on 3 October, shortly before it was released.

To ask the Chancellor of the Exchequer if he has any plans to call for an interim report from Lord Justice Bingham.

To ask the Chancellor of the Exchequer whether he has any plans to give evidence to the Bingham inquiry.

I will give evidence to the Bingham inquiry if I am asked to do so.

To ask the Chancellor of the Exchequer when he expects the Bingham report to be published.

I expect Lord Justice Bingham to report as soon as is possible, consistent with his duty to be thorough and probing.

To ask the Chancellor of the Exchequer when he last met Lord Justice Bingham.

To ask the Chancellor of the Exchequer how many meetings he has had with the Governor of the Bank of England concerning BCCI in the last (a) 12 months and (b) 24 months.

I meet the Governor of the Bank of England from time to time to discuss a variety of matters.