Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

ABU DHABI FACE NEW BCCI COMPENSATION CALL

  • Comment
Liquidators to the collapsed Bank BCCI want to negotiate a higher contribution than the originally negotiated£1.1b...
Liquidators to the collapsed Bank BCCI want to negotiate a higher contribution than the originally negotiated £1.1bn for creditors from the government of Abu Dhabi, the majority shareholder in the bank, the Financial Times reports (p6).

The move is seen as an effort to prevent complex litigation which could take may years and leave creditors with little hope of compensation.
  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.