Foreign Bank: Initial Assessment of Certain BCCI Activities in the U.S.
GGD-92-96
Published: Sep 30, 1992. Publicly Released: Oct 23, 1992.
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Highlights
Pursuant to a congressional request, GAO: (1) reviewed the operations of a foreign bank's representative office in Washington, D.C.; and (2) assessed the federal banking agencies' efforts to determine if the bank, through its secret ownership of U.S. commercial banks, abused those banks for its own benefit.
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