Bank of Credit and Commerce International - Wikipedia
The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. [1] The bank was registered in Luxembourg with head offices in Karachi and London.
B.C.C.I.: The Dirtiest Bank of All - TIME
Jul 29, 1991 · Nothing in the history of modern financial scandals rivals the unfolding saga of the Bank of Credit & Commerce International, the $20 billion rogue empire that regulators in 62 countries...
Dirty Money: BCCI -- The Inside Story of the World's Sleaziest Bank
This book details the origins and operations of the Bank of Credit and Commerce International (BCCI), which became extensively involved in money laundering, the financing of arms sales to terrorists, and the financing of drug traffickers.
BCCI Was a Bank Run by Dictators in the Middle East ThatTells the …
Jul 7, 2020 · Instead, the story of this bank—the Bank of Credit and Commerce International, or BCCI—takes place decades ago, from the late 1970s to the early 1990s. It’s a saga that has been largely...
BCCI Case May Be History’s Biggest Bank Fraud Scandal - Los Angeles Times
Jul 11, 1991 · WASHINGTON — By all accounts, the case of the Bank of Credit and Commerce International is already shaping up to be the biggest bank fraud scandal in history. Estimated losses range as high as...
The BCCI Scandal - International Compliance Association
Aug 19, 2016 · The case involved the Bank of Credit and Commerce International, or BCCI, and it has made for very interesting reading. The early years. The bank was established in 1972 by Agha Hassan Abedi, a Pakistani banker who envisaged a bank focused on the third world, and was incorporated in Luxembourg, with headquarters in London. Abedi had financial ...
Explore Our Business and Tech Coverage - The New York Times
Aug 12, 1991 · When an international team of bank supervisors gathered in late June at the Bank of England on Threadneedle Street in London, they were shocked by a confidential report prepared by the...
The Collapse of BCCI: Implications for the Supervision of International ...
Sep 1, 2015 · The collapse of the Bank of Credit and Commerce International (BCCI) in July 1991 captured media attention in a way matched by only the most lurid of financial scandals. Several books and more than a thousand newspaper and magazine articles describe allegations of...
The Worst of All Possible Banks - The New York Times
May 2, 1993 · This aptly describes the true-life story of the Bank of Credit and Commerce International (B.C.C.I.), the sinister financial empire built on Middle East oil money that pulled off one of the...
BBC ON THIS DAY | 5 | 1991: International bank closed in fraud …
The Bank of England has closed down UK branches of the Bank of Credit and Commerce International (BCCI) over allegations of fraud. The bank's 120,000 UK customers were stunned by the...