VOL. XXXIV

NO. 50

16-SEPTEMBER-1991

Financial and Banking News

Regional Banking

Abu Dhabi Arrests BCCI Employees

Abu Dhabi police arrested about 30 BCCI employees on 8 September, includingMr. Swaleh Naqvi , the former general manager, and Mr. Zafar Iqbal, who replacedMr. Naqvi as general manager last year. Some 10 of these were subsequentlyreleased, although Mr. Naqvi and Mr. Iqbal were not. BCCI has 600 employees inAbu Dhabi, spread over eight branches and its head office. At the beginning of...