Adjournment debate on Thursday, 20 November 2008, in the House of Commons, led by Keith Vaz. The answering member was Pat McFadden.
Bank of Credit and Commerce International
Adjournment debate on the liquidation of the Bank of Credit and Commerce International.
Secondary information
- Type
- Parliamentary proceeding
- Reference
- 483 c461-8
- Session
- 2007-08
- Department
- Department for Business, Enterprise and Regulatory Reform
- Chamber / Committee
- House of Commons chamber
- Proceeding contributions
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Pat McFadden | 483 c467-8 (Link to this contribution) I assure my right hon. Friend that I do not want the process to last longer than necessary, but, whe...
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Keith Vaz | 483 c466 (Link to this contribution) My right hon. Friend must know that every time the creditors' committee wants to challenge the liqui...
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Pat McFadden | 483 c466 (Link to this contribution) That is consistent with what I said. It has the option to go to court; that is how insolvency law op...
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Keith Vaz | 483 c467 (Link to this contribution) That is most helpful and useful. All we ask is that ministerial minds be focused on that issue from ...
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Keith Vaz | 483 c464 (Link to this contribution) Every time the creditors' committee and other creditors have asked that the creditors be brought tog...
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Pat McFadden | 483 c464-5 (Link to this contribution) I congratulate my right hon. Friend the Member for Leicester, East (Keith Vaz) not only on securing ...
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Keith Vaz | 483 c461-4 (Link to this contribution) I am grateful for the opportunity to raise in the House tonight the long-running saga of the liquida...
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Keith Vaz | 483 c465 (Link to this contribution) When the liquidators informed the Minister of that fact, did they indicate when the end of the liqui...
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Pat McFadden | 483 c465-6 (Link to this contribution) I do not have a date, but, as my right hon. Friend is aware, the liquidators hope to pay a further d...
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Pat McFadden | 483 c466-7 (Link to this contribution) It is certainly more than $100 million less than the figure my right hon. Friend quoted. The liquid...
- Subjects
- Bank services Banks Bankruptcy Bank of Credit and Commerce International
- Link
- View this Parliamentary proceeding on www.publications.parliament.uk
Show all contributions (11)
Librarians' tools
- Timestamp
- 2023-12-08 16:23:51 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/PROCEEDING_73843
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