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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 11:19 AM
Original message
Bank of England Governor 'lied to Lawson over BCCI' : latest
From Evening Standard

<snip>
THE Governor of the Bank of England Governor lied about the financial health of Bank of Credit and Commerce International in a discussion in May 1986 with the then Chancellor of the Exchequer, Nigel Lawson, it was alleged today.


BCCI collapsed in 1991, owing £10bn to creditors, and BCCI liquidators Deloitte & Touche are now suing the Bank of England in the High Court for £850m.


Gordon Pollock, QC for Deloitte, told the court that a secret memo prepared by Bank supervisor Brian Gent for Robin Leigh-Pemberton, who was Governor at the time, was 'wholly partial, misleading and mendacious'.


He claimed Leigh-Pemberton knew the briefing was misleading when he used it in the 1986 meeting with Lawson at which concerns over the bank were discussed.

<snip>
More:
http://www.thisislondon.co.uk/news/business/articles/timid77630?source=

All very well, but they have yet to roll out the evidence that Thatcher knew as early as 1980 that BCCI was run by P2 Lodge Asian branch, financed by earnings from paedophile brothels in Thailand, Malaysia, Singapore, Macao etc, cocaine and heroin cartels operating via money laundering centres in Dubai (as arranged by UAE ambassador to UK Mahdi Al Tajir) and arms dealers hoping to tool up Saddam and the Iranian Ayatollahs with yet more lethal kit, to prolong Iran/Iraq tension and make a killing from defence futures.


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gandalf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 12:28 PM
Response to Original message
1. Hello emad, glad to see you're still tracking this! nt
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 02:39 PM
Response to Reply #1
3. Hello Gandalf, good to see you also on the case...
I am waiting for my turn in the witness box as an expert witness specialising in BCCI-related frauds originating in the UK.

I've been told that the big guns are going in first and that there is already a sub-poena to make John Major testify. He has no immunity from prosecution despite claiming that as ex-PM he can't/shouldn't spill the beans on his Carlyle chummy Poppy Bush.

Meantime, will be watching the BCCI space to see what happens next.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 03:09 PM
Response to Reply #3
4. Hoho....looking forward to those news reports.
Not getting any play in the US. No doubt that is intentional by the corporate media masters.
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gandalf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 04:02 PM
Response to Reply #3
6. On my last visit to London
I went down Charing Cross Road. I was surprised that the guy behind the counter of Foyles quickly went to the right shelf to get the book "the laundrymen", even though I had forgotten the author. So I can get some basic knowledge about modern banking.

You're an expert witness? So beware what you write here... Now I (partially) understand why you know so much about that stuff.

Unfortunately the German press doesn't cover the trial at all.
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frank frankly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 01:09 PM
Response to Original message
2. kick
so important!!
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bobthedrummer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 03:13 PM
Response to Original message
5. Back in the days of Reagan/Bush and Thatcher the Saudis used BCCI
in operations that funded Osama Bin-Laden's terrorists from MoD commissions, this is another aspect of LIHOP to me.
http://cryptome.org/soil/soiled-dove2.htm
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mulethree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-04 04:51 PM
Response to Reply #5
7. yo mama?
I couldn't believe they would be so obvious as to name this "Yo Mama" so I went to see what it means in arabic.


Al-Yamamah College derives its name from the ancient legends and lore of Arabia. Centuries before the birth of Islam, when Arabia was divided among several tribes that built their homes in oases, mountains, and along trade roads, Al-Yamamah was an oasis in central Arabia in what is now known as the Najd region. The region was named after Al-Yamamah, the beautiful, blue-eyed daughter of Sahem Ben Tassem, leader of the Tassem tribe.

Legend has it that when Tuba, the King of Yemen, invaded the region, he was warned to use caution region because Al-Yamamah had special vision which allowed her to see in the distance, far beyond the capability of ordinary men and women. The soldiers approached with great caution and covered themselves with tree branches to avoid detection, but they still could not escape detection by the keen-sighted girl whose vision was equally accurate by day or night. Al-Yamamah quickly warned the tribal leaders that the Yemeni army was close to their home. However, it was too late. Tuba and his army conquered the area and captured the blue-eyed Al-Yamamah. Tuba was so impressed with the girl's character and powers that he ordered his tribes to name the region after her. From that day on, the region has been called Al-Yamamah.

In the Arabic heritage, Al-Yamamah, the girl with blue eyes and extraordinary vision, is a symbol of prudence and vision. Al-YamamahCollege, intent on creating a campus that is an oasis for learning, is proud to bear the name of this legendary figure known for her keen insight and vision, and dedicated to the protection and maintenance of her ancestral home. Al-YamamahCollege is committed to expanding the knowledge, prudence, and vision of its students for the welfare and prosperity of the community and country.
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-04 08:08 AM
Response to Reply #7
8. Disgraced UK MP Jonathan Aitken was Minister for Defence
Procurement under Thatcher and was pivotal to the Yamamah oil deal for the UK.

The forthcoming BCCI class action evidence has testimony that of the many back-handers (bakshish) he had to use to 'procure' the oil deal - as well as arms sales to the Saudis - were 'exotic' gifts to the Saudis.

These included arranging for five and six year old Thai/Malaysian/Singaporean/Macaoan boys to be procured for sex.

The financial arrangements that made these possible were subsequently traced to BCCI bank accounts held in Dubai that laundered heroin money for Asian brothel keepers who smuggled children into Saudi for sex under the guise of "hotel guest workers".

I sincerely hope it will be gloves off when this evidence is presented in the Royal Courts of Justice in London.

Expect there may be a few red faces at the House of Saud.

Likewise at Mahdi Al-Tajir's. The UAE ambassador to the UK is personally implicated in these BCCI bank accounts.
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