Bank of England calls claims over BCCI "desperate"

The Bank of England accused the Bank of Credit and Commerce International's liquidators of desperation and paranoia on Monday.

Lawyers for Deloitte are attempting to prove that the Bank of England knowingly did not protect BCCI depositors when the world's biggest bank fraud resulted in BCCI's collapse, owing over $16 billion.

"The liquidators have alleged that the Bank's witnesses deliberately lied to the Bingham inquiry, and that is one of the outrageous allegations which in due course the Bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account