VOL. XXXIV

NO. 48

2-SEPTEMBER-1991

Financial and Banking News

BCCI

Abu Dhabi Reported to Set Aside $4bn-$5bn to Rescue BCCI

Abu Dhabi is reported to have set aside $4bn-$5bn towards the restructuringof BCCI. The figure was given by the British legislator Mr. Keith Vaz, who hasbeen campaigning on behalf of BCCI depositors, following meetings he held withsenior officials in Abu Dhabi at the end of August. In July the Abu Dhabiauthorities successfully opposed a Bank of England request for a court...