Talk:Bank of Credit and Commerce International

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Bank of Credit and Commerce International was a good article nominee, but did not meet the good article criteria at the time. There are suggestions below for improving the article. Once these are addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake.

Reviewed version: July 15, 2006
Bank of Credit and Commerce International was a good article nominee, but did not meet the good article criteria at the time. There are suggestions below for improving the article. Once these are addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake.

Reviewed version: February 29, 2008

Contents

[edit] Source of quotes?

  • "support of terrorism, arms trafficking, and the sale of nuclear technologies;... the commission and facilitation of income tax evasion, smuggling, and illegal immigration; illicit purchases of banks and real estate"
  • "to avoid centralized regulatory review... [with the objective] to keep their affairs secret, to commit fraud on a massive scale, and to avoid detection"
  • "almost certainly" insolvent
  • "bewildered" with BCCI

There's some material in quotation marks with no specific source indicated. Where are these from? --←Hob 17:13, 2005 May 19 (UTC)

The source of the first two quotes, as well as the fourth quote, is the Senate Foreign Relations Committee report on the BCCI Affair. Chapter 4 for the first two quotes, and Chapter 3 for the fourth quote. Wish I felt confident enough in my editing skills to change the article. --Zenjibar 11:58, 29 October 2006 (UTC)

[edit] Affected investors

Is it worth mentioning the disproportianate effect on ethnic minority investors (at least in London), who saw BCCI as a "black bank", and for that reason chose to deposit their funds there? --Rich Farmbrough 20:03, 4 August 2005 (UTC)

Probably, but since this is a racial matter, I suggest making sure of it with some references. --Maru (talk) Contribs 01:37, 10 November 2005 (UTC)

[edit] Bank of Crooks and Criminals International

that was the sarcasm name of the company when it has had been liquidated.

i thought it was reffered to as the bank of conman and cocaine snorters international, especially by Private Eye magazine? 81.77.189.107 19:37, 10 September 2007 (UTC)

[edit] Mark Rich Connection

Details on Marc Rich need to be clarified. He was indicted by US and left the US in 1983, well before the sandstorm report.

[edit] GA nomination

This is on hold for 7 days. Find verifiable sources for the criminal claims and footnote them. Rlevse 02:09, 8 July 2006 (UTC)

GA failed due to no response to suggestions after 7 days. Rlevse 17:38, 15 July 2006 (UTC)

[edit] Death of reporter?

I have a memory of a brief news item from (I think) the 1980s: A reporter was found dead in a hotel or motel in the southeast U.S. (maybe Kentucky, Tennessee or Missouri). He was said to have been investigating BCCI intensively. As I recall, there was no evidence of foul play. I know this is rather vague and sketchy. I put it out there FWIW. --ChrisWinter 15:09, 31 July 2006 (UTC)

We've already got a good article on him: see Danny Casolaro. --maru (talk) contribs 03:13, 19 August 2006 (UTC)

[edit] Closue

How do I contact BCCI?

Correct me if I'm wrong, but didn't BCCI close down a long time ago? --Gwern (contribs) 21:13 12 December 2006 (GMT)
You can contact the liquidators of BCCI by going to http://www.bcci.info/


[edit] Clark Clifford Merge

This section should be moved out of the biography article. It places undue weight on the Bank issue and centers around one small aspect of his life, but the scandal does seem to be an important part of the bank's history. --Strothra 01:17, 8 April 2007 (UTC)

[edit] 4th largest Bank?

Hello. I am no kind of expert, but I am very surprised to read that BCCI was the worlds 4th largest bank, especially with assets of only $25 000 000 000. I'll have a second look for information on this... Peace, 195.137.96.79 23:09, 29 April 2007 (UTC)

There is no possible way for this to be true, and I have removed the claim. BCCI may have been the 4th largest bank failure, the 4th largest bank fraud, the 4th largest bank in Pakistan, the 4th largest...whatever but certainly not the 4th largest bank in the world. The original author may possibly return and explain what he/she had in mind. Ringbark 16:26, 7 May 2007 (UTC)

It was the 4th largest private (unlisted) bank in the world at it's peak.82.35.68.17 22:32, 30 November 2007 (UTC)

I have updated the main article with some references with regards to the origins of the figures and claims, hope it helps. Syedshoaib (talk) 11:24, 23 February 2008 (UTC)

[edit] Bath a director?

I'm not as familiar with BCCI as some others are, but I don't think James Bath was a director of BCCI, at least not according to "The Outlaw Bank". (One of the guys he worked as an agent for (Khalid bin Mahfouz) may have been...) Orville Eastland 03:09, 6 July 2007 (UTC)

[edit] Majority Shareholder View

Keeping the spirit of Wikipedia alive by reflecting all sides of the story and not just the opinions of one side of the story. the recent additions that have been created to the article by myself reflect the view and facts held by the majority shareholders of the institution that the article refers to. In this case it reflects the views of shareholders, giverments, and employees of the institution outside of the U.S and U.K where the institution was also deemed to be extremely active (e.g.Pakistan, the U.A.E, Saudi Arabia and the Middle East and Africa (MENA) Region).

It is only fair and in line with Wikipedia principles that any such material, views and facts, either verifiable through electronic links on the world wide web or hardcopy transcripts and records in possession of controlled persons should be brought to light. I would like to acknoeldge responsibility of such material and content, as displayed on the Wikipedia pages of the article.

Moreover, I believe that it does well to balance the neutrality of the article and thus making it stand in good stead to be considered for a good article nomination and maybe even featured article status. I am also willing to write further expansions of the summary I have written in the intro to further expand on my assertions. I hope that this article will then truly reflect the neutral viewpoints of all the parties concerned and thus reflect good on Wikipedia.

Just wanted to add one more interesting point of view; The fact of the matter is some of the biggest stakeholders/ creditors/ depositors that the bank had are individuals or entitites so much shrouded in mystery that it is difficult to obtain proper referencing for such material except for knowledge one may have due to word of mouth or due to their affiliations with the bank. I consider myself to have been a shareholder of the bank and am in the company of several employees/shareholders. The biggest clue to all this is the fact that the regulators or reporters never even got a hold of the founder of the bank Mr.Abedi who moved back to his hometown of Karachi (where I have a home aswell), and to this day there are individuals who have had affiliations with the bank whose stories are not in the public domain especially in parts of the world shrouded heavily in mystery such as Abu Dhabi (where I also have a home)

Thanks Syedshoaib (talk) 10:46, 23 February 2008 (UTC)

[edit] GA Review

GA review (see here for criteria)
  1. It is reasonably well written.
    a (prose): b (MoS):
    The writing is mediocre. There are some typos, and the writing just isn't all that good
  2. It is factually accurate and verifiable.
    a (references): b (citations to reliable sources): c (OR):
  3. It is broad in its coverage.
    a (major aspects): b (focused):
  4. It follows the neutral point of view policy.
    Fair representation without bias:
  5. It is stable.
    No edit wars etc.:
  6. It is illustrated by images, where possible and appropriate.
    a (images are tagged and non-free images have fair use rationales): b (appropriate use with suitable captions):
  7. Overall:
    Pass/Fail:

The biggest problem is the lack of references. Also, the writing is not very good. Thus, it fails GA. Julian(Leap Day 2008) 18:53, 29 February 2008 (UTC)