Court hears BCCI claims 'implausible'

Lawyers for the Bank of England said on Monday 19 July that allegations that 22 of its officials acted with dishonesty when they allowed Bank of Credit and Commerce International SA to operate in the UK are "fundamentally implausible."

``Every court that has had to look at these allegations has pointed out that these are fundamentally implausible even without looking at the evidence,'' Nicholas Stadlen QC, representing the Bank of England, told the High Court in London. There's been only one r

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