The Leader of the House will recall that on 5 July 1991, the Bank of Credit and Commerce International was closed. Thousands of people were put out of work and depositors, including the Western Isles in Scotland and Channel 4, lost their money. They were told at that stage that they would not get their money back. Some 84 per cent. of depositors have got their money back, but the liquidation has now been ongoing for 17 years. Could we have a statement from the Government or a debate about what is now the longest insolvency in this country's history, so that it can be brought to an end as swiftly as possible?
Business of the House
Business question from
Keith Vaz
(Labour)
in the House of Commons on Thursday, 16 October 2008.
It occurred during Business statement on Business of the House.
Type
Proceeding contribution
Reference
480 c927 
Session
2007-08
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2023-12-16 02:23:43 +0000
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