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Secretary Of State For Trade And Industry And Bcci

EDM number 704 in 1991-92, proposed by Keith Vaz on 18/02/1992.

That this House deplores the fact that seven months after the closure of the Bank of Credit and Commerce International no meeting has yet been convened; deplores the request by the liquidators that should such a meeting be called a security of up to ú1 million be given to those who call such a meeting; considers that the liquidators, having received millions of pounds in fees from what is left of the Bank, ought not to make such request from those who have already been devastated by the closure of the Bank but ought to apply to the Court for directions for payment; notes that the liquidators were not appointed by a meeting of creditors but by the Secretary of State for Trade and Industry in a 13 minute exchange of faxes on 14th January; is deeply concerned by the continual delay in publishing the results of the negotiations between the Abu Dhabi Government and the liquidators and the additional plans for compensation; notes that this delay will further delay the payments under the Deposit Protection Scheme, thereby causing continued hardship to the creditors of BCCI; and calls on the Secretary of State to convene a meeting with the liquidators whom he has appointed to make sure that urgent progress is made to deal with this sorry state of affairs.

This motion has been signed by a total of 61 MPs.

Keith Vaz18/02/1992Leicester EastProposed
David Clelland19/02/1992Tyne BridgeSigned
Nigel Griffiths19/02/1992Edinburgh SouthSigned
Tam Dalyell19/02/1992LinlithgowSigned
Jimmy Dunnachie19/02/1992Glasgow, PollokSigned
Gwyneth Dunwoody19/02/1992Crewe & NantwichSigned
Huw Edwards19/02/1992MonmouthSigned
Derek Enright19/02/1992HemsworthSigned
Sam Galbraith19/02/1992Strathkelvin & BearsdenSigned
John Garrett19/02/1992Norwich SouthSigned
Llin Golding19/02/1992Newcastle-under-LymeSigned
Irene Adams19/02/1992Paisley NorthSigned
Peter Hain19/02/1992NeathSigned
Hilary Armstrong19/02/1992North West DurhamSigned
Harry Barnes19/02/1992North East DerbyshireSigned
John Battle19/02/1992Leeds WestSigned
Stuart Bell19/02/1992MiddlesbroughSigned
Tony Benn19/02/1992ChesterfieldSigned
Dennis Turner19/02/1992Wolverhampton South EastSigned
Robert Wareing19/02/1992Liverpool, West DerbySigned
Tony Worthington19/02/1992Clydebank & MilngavieSigned
Keith Bradley19/02/1992Manchester, WithingtonSigned
Dale Campbell-Savours19/02/1992WorkingtonSigned
Max Madden19/02/1992Bradford WestSigned
Martin Redmond19/02/1992Don ValleySigned
Geoffrey Robinson19/02/1992Coventry North WestSigned
Ernie Ross19/02/1992Dundee WestSigned
Peter Shore19/02/1992Bethnal Green and StepneySigned
Peter Hardy19/02/1992WentworthSigned
George Howarth19/02/1992Knowsley NorthSigned
Eric Illsley19/02/1992Barnsley CentralSigned
Adam Ingram19/02/1992East KilbrideSigned
Joan Lestor19/02/1992EcclesSigned
Eric Martlew19/02/1992CarlisleSigned
John McAllion19/02/1992Dundee EastSigned
William McKelvey19/02/1992Kilmarnock & LoudounSigned
Alan Meale19/02/1992MansfieldSigned
Austin Mitchell19/02/1992Great GrimsbySigned
Lewis Moonie19/02/1992KirkcaldySigned
Bill O'Brien19/02/1992NormantonSigned
Gerry Steinberg20/02/1992Durham, City ofSigned
Bill Michie20/02/1992Sheffield, HeeleySigned
John Evans20/02/1992St Helens NorthSigned
Ron Davies20/02/1992CaerphillySigned
Frank Cook20/02/1992Stockton NorthSigned
Ronnie Campbell20/02/1992Blyth ValleySigned
Joyce Quin20/02/1992Gateshead EastSigned
Tom Cox20/02/1992TootingSigned
James Molyneaux21/02/1992Lagan ValleySigned
Roy Beggs21/02/1992East AntrimSigned
David Trimble21/02/1992Upper BannSigned
Ian McCartney24/02/1992MakerfieldSigned
Win Griffiths24/02/1992BridgendSigned
Doug Hoyle24/02/1992Warrington NorthSigned
Terry Patchett25/02/1992Barnsley EastSigned
Eddie Loyden25/02/1992Liverpool, GarstonSigned
Jack Thompson25/02/1992WansbeckSigned
Edward O'Hara26/02/1992Knowsley SouthSigned
Tommy Graham27/02/1992Renfrew West and InverclydeSigned
Willie Ross05/03/1992East LondonderrySigned
Harry Cohen12/03/1992LeytonSigned

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