VOL. XXXV

NO. 47

24-AUGUST-1992

Financial and Banking News

BCCI

Abu Dhabi Prepares to Sue Senior Management of BCCI and Price Waterhouse

The majority shareholders of BCCI have again signaled their intention to sue the bank's former senior managers and its auditors, Price Waterhouse. Mr. Ahmad al-Sayigh, who has emerged as the shareholders' spokesman, said in London on 18 August that preliminary charges have been laid against 14 senior executives. Abu Dhabi has been detaining 17 senior executives...