Word: urdu
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...subsidiaries in 70 countries. It was incomprehensible even to its own financial officers and auditors. The bank's extensive use of unregulated Cayman Islands accounts enabled it to hide almost anything. The bank's complex organization and unique method of accounting -- longhand in paper ledgers, written in Pakistan's Urdu language -- make it unlikely that most of the missing money will be traced. Nor is it likely that anyone will ever know just how much Abedi, who has incorporated a new bank, called the Progressive Bank, in Karachi, stole from the rest of the world...
...Customers may have to wait months to receive what is insured under British law: 75% of their money, up to a maximum of (pounds)15,000, or $24,000 at current exchange rates. Shaken B.C.C.I. depositors jammed hastily arranged telephone hot lines, some manned by fluent speakers of Hindi, Urdu and other Asian languages, with calls for advice. At the same time, many of the 1,200 B.C.C.I. employees who lost their jobs in the shutdown marched outside the Bank of England to protest the move...
Several students currently enrolled in Urdu said yesterday that they are concerned they may not be able to continue their study of the language. "If Asani leaves, the program goes," said Muneer I. Ahmad...
Adding to the problem, students said, is the imminent departure this year or next of Schimmel, who teaches upper-level Urdu language courses. be difficult to continue these courses if the University does not begin funding the programs with its own money...
Karim said she wants to continue taking Urdu as an elective next year. "I'm very interested in the language," she said. "It's the language of my ancestors...