Political reaction to BCCI bank closure

Title

Political reaction to BCCI bank closure

Genre

News report; Parliamentary debate

TX Date

9 Jul 1991

Year of production

1991

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Duration

00:03:00

Description

Report on political debate on the closure of the Bank of Credit and Commerce International after a fraud inquiry, regulatory inquiries and return of some money to small investors. Commons speeches from shadow Trade Secretary John Smith; Economic Secretary to the Treasury, John Maples; Tory MP and stockbroker Anthony Beaumont-Dark; Liberal Democrat MP Matthew Taylor. Paul Rowley reports from Westminster for LBC Newstalk 97.3.

Contributors

Paul Rowley; Anthony Beaumont-Dark; John Smith; Matthew Taylor; LBC Newstalk 97.3; John Maples

Keywords

Politics; Fraud; Small business; Compensation; Regulation; Banks; Financial institutions; BCCI

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