Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what independent inspectors were appointed to investigate the frauds at the Bank of Credit and Commerce International; when those inspectors reported; and when their reports were published.

Following the failure of Bank of Credit and Commerce International (BCCI) on 5 July 1991, Lord Justice Bingham was asked by the then Chancellor and Governor of the Bank of England (BoE) to inquire into the supervision of BCCI under the Banking Act.

The Bingham report was published through parliament in 1992 and is available in the public domain. An electronic copy is available on the Government website. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/235718/0198.pdf

The Sandstorm Report, conducted by PricewaterhouseCoopers and passed to the BoE on 22 June 1991, was released in 2011 and is now in the public domain.