VOL. XXXVIIINO. 105-DECEMBER-1994
Financial and Banking News
Settlement Between Khalid Bin Mahfouz/NCB And BCCI Liquidators Imminent
Touche Ross, the worldwide liquidators of Bank of Credit and CommerceInternational (BCCI), is set to drop all its claims against Mr. Khalid binMahfouz and Saudi Arabia's National Commercial Bank (NCB). In exchange, Mr.Mahfouz will drop his claims against Abu Dhabi, BCCI's majority shareholder,will renounce his claim to $270mn which he had...