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Government will not buy BDA


The Secretary for Economic and Finance, Mr Francis Tam Pak Yuen, said today that Banco Delta Asia (BDA) is operating normally, the government has no intention to buy it. When asked by reporters how BDA would handle the North Korean funds, Mr Tam said the bank is operating normally and will transfer the funds according to the clients’ instructions. He said the problem faced by the bank in transferring the funds is an operational one.



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