HC Deb 29 January 1992 vol 202 c573W
Mr. Vaz

To ask the Chancellor of the Exchequer how many claim forms have been received by the deposit protection board from BCCI depositors.

Mr. Maples

As at 24 January 1992, a total of 12,818 forms have been received by the Deposit Protection Board from BCCI depositors.

Mr. Vaz

To ask the Chancellor of the Exchequer if he will state the estimated amount of payments under the deposit protection scheme for the BCCI depositors.

Mr. Maples

The amount which the deposit protection scheme will pay out to BCCI depositors will depend on how many depositors make valid claims under the scheme. The estimated maximum amount of payments would be some £88 million, on the information presently available, if all eligible sterling depositors were to make valid claims against the board.

Mr. Vaz

To ask the Chancellor of the Exchequer how many forms were sent out to BCCI depositors under the deposit protection scheme.

Mr. Maples

As at 24 January 1992, a total of 39,687 forms have been sent out to BCCI depositors. In addition, 13,676 forms have not yet been dispatched, as no correspondence addresses for depositors were maintained by BCCI, and the depositors have not themselves requested forms.