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BCCI Bank Scandal #339369

CBS Evening News for Monday, Jul 22, 1991
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(Studio: Dan Rather) Report introduced.

(London: Peter Van Sant) Accusations against British Prime Minister John Major's government that it covered up the BCCI banking scandal examined; scenes shown from House of Commons. [Labour Party leader Neil KINNOCK - comments.] [INVESTOR, London banking writer Neil BENNETT - talk about the bank failure.] Terrorists Abu Nidal and Islamic Jihad, which holds hostages in Lebanon, said to be among BCCI customers. [Representative Charles SCHUMER - wonders why banking regulators did not act.] BCCI said accused of setting up the Black Network, which is involved in arms, drugs and bribery. [Banking analyst James McDERMOTT - says international regulations are too loose.] CIA noted referring to it as "the bank of criminals and con men, international."

Rather, Dan;
Van Sant, Peter

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