BCCI Investigation
1991-10-25T10:02:31-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZGYwXC8xOTkxMTAyNTExMDcyNzAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The subcommittee, chaired by Senator Kerry (D-MA), met on Friday to conduct the fourth of a series of hearings to investigate the Bank of Credit and Commerce International (BCCI). The Federal Reserve alleges that the now closed Luxembourg-based bank, acting through Middle-Eastern front men, secretly purchased First American, The National Bank of Georgia, and other U.S. banks. The subcommittee is investigating those allegations, along with accusations that BCCI was involved in fraud, drug money laundering and the support of international terrorism. BCCI, its Pakistani founder and its former chief executive officer were indicted this summer by a New York grand jury for alleged fraud and for charges of stealing more than $30 million from depositors. On Friday, the committee reconvened to hear testimony by Richard Kerr, acting director of the Central Intelligence Agency, CIA and State Department officials. The testimony focused on the CIA’s possible involvement in BCCI’s controversial acti
The subcommittee, chaired by Senator Kerry (D-MA), met on Friday to conduct the fourth of a series of hearings to investigate the Bank of Cr… read more
The subcommittee, chaired by Senator Kerry (D-MA), met on Friday to conduct the fourth of a series of hearings to investigate the Bank of Credit and Commerce International (BCCI). The Federal Reserve alleges that the now closed Luxembourg-based bank, acting through Middle-Eastern front men, secretly purchased First American, The National Bank of Georgia, and other U.S. banks. The subcommittee is investigating those allegations, along with accusations that BCCI was involved in fraud, drug money laundering and the support of international terrorism. BCCI, its Pakistani founder and its former chief executive officer were indicted this summer by a New York grand jury for alleged fraud and for charges of stealing more than $30 million from depositors. On Friday, the committee reconvened to hear testimony by Richard Kerr, acting director of the Central Intelligence Agency, CIA and State Department officials. The testimony focused on the CIA’s possible involvement in BCCI’s controversial acti close
People in this video
- Roberta Jacobson Officer Department of State->Inter-American Affairs
-
-
-
Larry Pope Associate Coordinator Department of State->Office of the Coordinator for Counterterrorism
- R. Grant Smith Deputy Assistant Secretary Department of State
Hosting Organization
Purchase a Download
BCCI Investigation
-
MP4 video - Standard
- Price:
- $9.99 or Free with MyC‑SPAN
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
BCCI Investigation Day 8, AM Session
The two former top officials of First American Bankshares insisted again in a congressional hearing that they had broken…
-
BCCI Investigation Day 8, PM Session
The Senate Foreign Relations Subcommittee on International Operations continued to hear testimony from the two former he…
-
BCCI Investigation Day 5
The Senate Foreign Relations Subcommittee heard testimony on the Investigation of the Bank of Credit and Commerce Intern…
-
BCCI Investigation
Sen. Kerry, member of the Senate Banking, Housing and Urban Affairs committee, spoke to an audience in the Kennedy Polit…