Word: colombian
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Dates: during 1990-1999
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...Persian Gulf was not the sort of assignment that would show that the Vice President was "in the loop" at the White House. But George Bush insisted that his Vice President go. There was more to the trip than representing the U.S. at the inauguration of the new Colombian President...
...When Colombian police began cracking down on the narcotics trade, traffickers coined a defiant slogan: "Better a tomb in Colombia than a cell in the United States." Now that drug kingpins can avoid extradition under a new plea- bargaining agreement, a cell in Colombia has become a very attractive compromise. Since Medellin drug-cartel leaders Jorge, Fabio and Juan David Ochoa surrendered to Colombian authorities in recent months, they have been housed in a custom-tailored facility. Angry U.S. drug-enforcement officials complain that the Ochoa brothers are enjoying posh accommodations equipped with fancy furniture, stereos and cable television...
First American's alleged parent is one that few people would be proud to claim: the Bank of Credit & Commerce International, convicted of violations in three countries and well known in global finance circles as a banker to Manuel Noriega and Colombian drug lords. The question that won't go away: How could an outfit like B.C.C.I. control a large U.S. bank without regulators knowing or doing anything about...
B.C.C.I. was meanwhile forging into uncharted waters, most notably laundering drug money. In 1983 B.C.C.I. acquired a Colombian bank with 30 branches that included several in Medellin and Cali, homes to the world's most powerful cocaine cartels. Among those laundering drug profits through B.C.C.I., say investigators, was former Panamanian strongman Manuel Noriega, who was collared by U.S. authorities in early 1990. Prosecutors who tracked his finances said Noriega had funneled $500,000 of cocaine funds through First American's flagship bank in Washington. First American officials denied any knowledge of the transaction...
...government expects 200 to 300 drug lords to take advantage of Gaviria's offer before Dec. 25. U.S. officials were less than jubilant. Under the terms of the decree, drug dealers are immune from extradition to the U.S. and not required to confess all their crimes. Depending on the Colombian courts, Ochoa could wind up serving less than 20 months in jail and possibly even go free...