HC Deb 18 July 1997 vol 298 cc371-2W
Mr. Vaz

To ask the President of the Board of Trade (1) what are the costs of the English BCCI liquidation to date; [9145]

(2) what are the fees and expenses of Deloitte and Touche in the English liquidation of BCCI to date. [9144]

Mr. Nigel Griffiths

Total expenses brought to account in the UK liquidation of BCCI up to 15 January 1997 (the date to which the last Annual Report of the joint liquidators was made up) were US$567 million and the realisations totalled US$2,445 million. Further details of the expenses and receipts can be found in the joint liquidators' report to the Secretary of State pursuant to Regulations 14 of the Insolvency Regulations 1994 for the period 16 January 1996 to 15 January 1997, copies of which have been placed in the Library of the House and a copy of which I sent to the hon. Member on 30 May 1997.