NT2574 : The shreds of BCCI

taken 3 years ago, near to Edinburgh, Great Britain

The shreds of BCCI
The shreds of BCCI
The BCCI building being torn apart at the southwest corner of St Andrew Square.
BCCI building and its Standard Life replacement
A long-disused office block at the southwest corner of St Andrew Square is being demolished. It was home to the Bank of Credit and Commerce International [BCCI], which failed spectacularly in 1991 with debts of 7billion, after investigations into its affairs showed widespread evidence of money-laundering, fraud and deceit. 30 UK councils lost deposits of 82m,of which the largest was the Western Isles Council, with 24m. As far as I know the building has been unused since then and 23 years after the bank's collapse the site is finally being redeveloped. Watch this space.
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Grid Square
NT2574, 1237 images   (more nearby )
  (find more nearby)
Date Taken
Tuesday, 26 August, 2014   (more nearby)
Wednesday, 27 August, 2014
Geographical Context
Lowlands  City, Town centre  Derelict, Disused  Construction, Development 
Place (from Tags)
Subject Location
OSGB36: geotagged! NT 2556 7401 [10m precision]
WGS84: 55:57.1996N 3:11.6221W
Camera Location
OSGB36: geotagged! NT 2555 7401
View Direction
East-northeast (about 67 degrees)
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Other Tags
St Andrew Square  Demolition 

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Image classification(about): Supplemental image
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