US congressional committee hearing into BCCI scandal

Title

US congressional committee hearing into BCCI scandal

Genre

News report; Speech

TX Date

Aug 1991

Year of production

1991

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Duration

00:03:09

Description

North American correspondent Paul Woodley reports on a US congressional committee hearing into the Bank of Credit and Commerce International (BCCI) following allegations by former congressional investigator Jack Blum the company looted the third world during the 1980s, bribing central bank officials in dozens of countries to deposit foreign exchange reserves with BCCI and misappropriating the funds. Includes statements by Senator John Kerry; Jack Blum. Also includes precis of evidence of Mike Hershman, who investigated BCCI for the government of India.

Contributors

Paul Woodley; John Kerry; Jack Blum

Keywords

USA; Fraud; Crime; Corruption; Developing countries; Banks; Allegations; BCCI; Mike Hershman

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