Six years and a day after BCCI's collapse, protesters still haunt Touche Ross

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The Independent Online
A delegation of former employees and creditors of the collapsed Bank of Credit and Commerce International staged a demonstration outside the bank's liquidators, Touche Ross, yesterday - six years and a day after the BCCI collapse.

The delegation, led by Leicester East MP Keith Vaz, handed in a letter of protest about the liquidator's actions. Mr Vaz said these had included the issue of 500 letters to 300 employees of the former bank, seeking the repayment of mortgages. The letter also complained about the costs incurred in the liquidation and the time taken for compensation to be paid to victims.

Mr Vaz said: "It is appalling that the victims ... cannot even obtain information about the progress of the liquidation." He added that he would raise the matter in Parliament today, asking Margaret Beckett, President of the Board of Trade, to intervene.