VOL.XXXVI
NO.44
2-AUGUST-1993
Financial And Banking News
REGIONAL BANKING
US Court Dismisses Suit Against NCB And Khalid Bin Mahfouz
A US Federal court has dismissed thesuit brought by Touche
Ross, the liquidators of Bank ofCredit and Commerce International(BCCI),against Jiddah-basedNational Commercial
Bank, itsformer Deputy General Manager,Mr.Khalidbin Mahfouz,and an associate, Mr. Haroon Kahlon. The liquidators filed their suitinDecember,claimingdamagesof $10.5bn.USlawallowed for damages to be...
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