Word: pakistani
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...gone pretty far down the line when suddenly B.C.C.I. showed up, representing the Italians. I was staying at the Hilton in Brussels, and I got a phone call from a B.C.C.I. guy asking me to come down to the lobby. When I go down, there's a B.C.C.I. guy, Pakistani, and next to him is this 220-lb. French guy named Andre -- the kind of guy who stuffs people in car trunks. They have business cards with a B.C.C.I. logo. So Andre says, 'You're getting out of this thing. This is our deal.' Then the other B.C.C.I. guy says...
...bodies continue their scramble to unravel the role of the Bank of Credit & Commerce International in the world's first truly global financial scandal, TIME has learned that what looked like a bank was in fact a multipurpose, multinational enterprise. In the past two decades, the organization created by Pakistani financier Agha Hasan Abedi has become, among other things, a powerful player in the netherworld of international arms. Using the clandestine routes and alliances originally created for money laundering, B.C.C.I. has brokered, financed and, in some instances, initiated transactions that have often upset the uneasy technomilitary balance sought...
NUKES FOR PAKISTAN? Even as it served as a cash conduit for terrorists, money launderers and gunrunners, B.C.C.I. may have financed the illicit development of nuclear weapons programs. The U.S. last week pressed efforts to extradite Inam ul-Haq, a retired Pakistani brigadier, on charges that he masterminded an abortive 1987 plot to smuggle to Pakistan an American speciality steel used to enrich weapons-grade uranium. B.C.C.I reportedly provided credit for the deal. But Pakistan, home of B.C.C.I. founder Agha Hasan Abedi, denied -- as it has in the past -- that it seeks to develop nuclear arms, and said the government...
...principal officers for fraud, bribery, grand larceny and money laundering after a two- year investigation led by Manhattan District Attorney Robert Morgenthau. B.C.C.I., said Morgenthau, had looted depositors of more than $5 billion in "the largest bank fraud in world history." Named as defendants were Agha Hasan Abedi, the Pakistani founder of B.C.C.I., and countryman Swaleh Naqvi, who had been the bank's chief operating officer. But bringing the pair to trial could prove impossible. Pakistan said last week it will refuse to extradite the ailing Abedi, 68, who is a hero in his homeland for organizing the Third World...
...shut the bank. Leigh- Pemberton defended the seizure on grounds that "the culture of the bank is criminal." While he called the well-regarded Zayed's purchase of the bank "a welcome development," he said the corruption that originated with B.C.C.I. founder Agha Hasan Abedi and his fellow Pakistani managers had penetrated the entire institution. "The fraud involved not only past management but continuing management, board members and representatives of the shareholders," Leigh-Pemberton said. Yet he insisted that the full scale of the wrongdoing had only recently come to light...