Word: adham
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...scope to the image of B.C.C.I. as a huge criminal enterprise that corrupted bank officers, government officials and journalists. Criminal counts against the bank, shut down by regulators last July, included specific allegations that B.C.C.I. bribed government and banking officials in 10 countries. A B.C.C.I. director, Sheik Kamal Adham, last week became the second prominent Saudi to be caught up in the scandal; last month Sheik Khalid bin Mahfouz, head of the largest commercial bank in Saudi Arabia, was indicted in New York. (See related story on page...
Rogers hastily backed out of the contract to help defend Adham from criminal probes, but not before he embarrassed George Bush. When asked what Rogers might be selling to Adham, Bush replied, "Ask him. I don't know what he's selling. I don't know anything about this man ((Adham)) except I've read bad stuff about him. And I don't like what I read about him." Though Rogers' contract with Adham was not illegal, it showed extremely poor judgment on the part of the former aide; at any rate, Bush's denunciation destroyed the value...
...Just why Adham turned to Rogers for help remains a mystery, since Rogers was not an important voice in the White House inner circle and won few friends as Sununu's gatekeeper. But Rogers' title implied that he had significant influence, and that suggests Adham was simply following B.C.C.I.'s universal recipe for success: buy favor as close to the center of power as possible. An official familiar with both men suggested that Adham was merely trying to execute what Arabs call wasta, a sort of well-placed personnel fix, similar to Muammar Gaddafi's hiring of Billy Carter during...
...White House into the controversy for the first time. It also raised fresh questions about the Justice Department's plodding investigation of B.C.C.I.'s U.S. affairs. Congressman Charles Schumer, chairman of the House Judiciary Subcommittee on Crime and Criminal Justice, promptly called for a formal probe of the Adham-Rogers connection. Both the White House and the Justice Department last week formally cleared Rogers of any ethics-law violations. Still, Schumer persisted in his calls for additional inquiries, in part because he says he believes that the White House may be far more involved in monitoring the B.C.C.I. case than...
While officials were sorting through Rogers' records, a federal prosecutor met last week with Adham in Cairo in what might be a first step toward a possible deal with the Justice Department. Adham's attorney, Washington lawyer Plato Cacheris, denied that a plea bargain was in the works and said his client has documents to prove his innocence. "I'm not trying to plead," said Cacheris...