Financial and Banking News
Plea Bargain by Kamal Adham Gives Big Boost to BCCI Prosecutors
The decision by Saudi businessman Kamal Adham to plead guilty to charges ofviolating US banking law and his agreement to cooperate with US legalauthorities represent a major breakthrough for US prosecutors pursuing BCCI. Allother figures so far indicted by the US authorities have strenuously denied thecharges made against them. With Mr. Adham, the New York prosecutor's...