Word: nahm
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Others said the ethical line should be drawn along legal boundaries. "Unless there's something which clearly indicates that the money came from something which was clearly not legal, then the university wouldn't step in," said Frederick C. Nahm, a fundraising administrator at the University of Pennsylvania...
...example, a BCCI pledge offer to the University of Pennsylvania was turned down recently, Nahm said...
BCCI made the offer after several of its officials had been convicted of money-laundering charges in Tampa in 1990, according to Nahm...
...Nahm recommended turning down the gift because the Tampa convictions indicated that there was "enough circumstantial evidence that the bank was doing wrong...
BCCI made the offer because one of the senior BCCI officials was interested in economic research at Penn, said Nahm...