Investigators say it is one of the most powerful and corrupt banks they have ever encountered. The shadowy $30 billion offshore enterprise called Bank of Credit & Commerce International made headlines briefly when it was convicted of laundering drug money in the U.S. last year, but its story came home with shocking force to most Americans more recently. B.C.C.I., investigators have found, has for years secretly owned the largest bank in Washington, First American Bankshares, despite a decade of denials by one of the city's most respected figures, lawyer and First American chairman Clark Clifford. Bad enough that an unregulated foreign...
To continue reading:
or
Log-In
