Saturday, February 6, 2010

SCMP:Legco panel to call senior bankers over Lehman minibonds sales

Hong Kong's parliament is active in investigating the minibond saga. Read this report.

The Legislative Council committee investigating the Lehman Brothers minibonds saga will summon senior representatives of six banks to testify before its hearings, committee chairman Dr Raymond Ho Chung-tai said. The banks are: DBS, ABN Amro, Citibank, Dah Sing Bank, the Bank of China and Standard Chartered Bank. Securities and Futures Commission chief executive Martin Wheatley will testify before the inquiry again on Tuesday.