§ Mr. GunnellTo ask the President of the Board of Trade what is the projected end date for the BCCI receivership; and what is the estimated total fee for the services of Touche Ross.
§ Mr. Neil Hamilton[holding answer 12 April 1994]My Department is not aware of any estimate of the likely duration of the liquidation of BCCI. The fees of Touche Ross as liquidators are a matter for the court and the creditors.
§ Mr. GunnellTo ask the President of the Board of Trade what proportion of the total income in the BCCI receivership is estimated will be absorbed by the fee to the receivers.
§ Mr. Neil Hamilton[holding answer 12 April 1994]My Department does not have this information. It is a matter for the liquidators.
§ Mr. GunnellTo ask the President of the Board of Trade what has been the total cost of the BCCI receivership to 31 March.
§ Mr. Neil Hamilton[holding answer 12 April 1994]The total payments from the English liquidation of BCCI to 15 January, the anniversary of the winding up order, are approximately £215 million.
§ Mr. GunnellTo ask the President of the Board of Trade what employment costs of former BCCI employees may become the liability of the receivers.
§ Mr. Neil Hamilton[holding answer 12 April 1994]This is a matter for the liquidators.