Word: khalid
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Dates: during 1990-1999
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...last year Americans heard of the labyrinthine lawlessness of the Pakistani Bank of Credit & Commerce International. But unlike depositors shut out in places like Britain and Hong Kong, they felt no real impact. That changed after a New York grand jury indicted Sheik Khalid bin Mahfouz, head of Saudi Arabia's National Commercial Bank, for fraud in connection with the scandal. Last week the Federal Reserve sought a $170 million fine from Mahfouz -- the largest ever from an individual -- for his alleged role in illegally buying a controlling interest in Washington's First American Bankshares from B.C.C.I., and the Comptroller...
...pursuit of culprits in the Bank of Credit & Commerce International scandal, was broadly aimed. "No participant in the B.C.C.I. scheme, here or abroad, however influential, should expect to escape justice," declared Morgenthau. The D.A. then made good on his threat by delivering a grand jury indictment of billionaire Sheik Khalid bin Mahfouz, CEO of the National Commercial Bank, the largest commercial bank in Saudi Arabia, and a financial adviser to the Saudi royal family, on charges of fraud. Other targets of a criminal grand jury led by Morgenthau include intimates of the royal families of Saudi Arabia and the United...
...Khalid and Ali had been born in the West Bank, had come to Kuwait as small boys, had won high marks at Kuwaiti schools and had attended college in the U.S. Kuwait was and is the only country they have ever known, and both men had risked their lives aiding the Kuwaiti resistance. They regularly moved money and guns around the city in Ali's white Chevrolet Sprint and had obtained a fake Iraqi identity card for the Plaza's Kuwaiti owner...
Shortly after the Iraqi officers left the Plaza, Khalid moved 32 women to a nearby mosque and determined that he would rather forfeit his life than aid in the planned rape. Sometime before morning, however, Colonel Rida and thousands of other Iraqi troops pulled out of the city. Over the next 24 hours, many of the retreating soldiers (and an undetermined number of Kuwaiti hostages accompanying them) died as allied aircraft bombed the highway that led back to Iraq. "We can only pray that Rida was one of them," says Khalid...
Because the Plaza's owner, Hamad al-Towaijri, is a prominent businessman, Khalid's and Ali's jobs are secure, and they will probably remain in Kuwait. They are among the very few lucky Palestinians. "If you can call it lucky," says Ali. "Even with Hamad giving us work, daily life is hard. People who talk nicely to me turn harsh when they find out I'm Palestinian. My Kuwaiti friends say I shouldn't visit because they will be branded Palestinian lovers. And God help me if I get into a traffic accident with a Kuwaiti, even...