Former governors to give evidence in BCCI case

The Bank of England will call on former governors as it resumes the defence of its role in the collapse of the Bank of Credit and Commerce International.

The Bank was accused of "misfeasance" in its regulation of the Bank of Credit and Commerce International (BCCI), and was due to resume its defence in the £1bn London High Court case on Monday 27 September.

Sir Edward George, Lord Kingsdown and Lord Richardson will be among 12 witnesses called to defend the Old Lady of Threadneedle Street's sup