Financial and Banking News
Bank of England Governor Implicates Senior Gulf Officials in BCCIScandal
Mr. Robin Leigh-Pemberton, the Governor of the Bank of England, says thatrepresentatives of BCCI's shareholders were involved in the fraud which led tothe bank's closure. He declined to go into details. The Governor made hisremarks at hearing of the Treasury and Civil Service select committee of theBritish House of Commons. The question of how much shareholders'...