NO. 16


Financial and Banking News


The US/Abu Dhabi Agreement also Refers to the Need for Abu Dhabi to Settlewith BCCI's Liquidators

The agreement with the US authorities also states that if Abu Dhabi is unableto reach a settlement with Touche Ross on depositors' claims by 1 April, all the"original books and records of BCCI" will be handed over to theliquidators. Representatives of Abu Dhabi say that Touche Ross has alreadyseen most of them. The implication behind...