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From Times Staff and Wire Reports

Cayman Officials Rounding Up BCCI Assets: Officials in the Caribbean banking haven are continuing to round up assets of scandal-ridden BCCI even though the bank has until mid-December to design a reorganization plan. Court-appointed BCCI administrator Robert Axford said the question of a possible reorganization has no impact on his mandate to seize BCCI assets. A Cayman court last month set a Dec. 16 reorganization deadline before ordering a liquidation of assets at the island branch of the Bank of Credit and Commerce International, which was shut down b y regulators around the world July 5.

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