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---
tags: ["Person", "Business", "Shipping", "BCCI"]
---
The Gokal brothers, [[Abbas Gokal]], [[Murtaza Gokal]], and [[Mustafa Gokal]], were [[Pakistan|Pakistani]] businessmen who ran the [[Gulf Group]], a [[London]]-based shipping company.[^1] They were closely associated with [[Agha Hasan Abedi]] and the [[Bank of Credit and Commerce International|BCCI]], and were believed to be BCCI's largest debtor.[^2]
### Business Operations and BCCI Connections
The Gokal brothers used BCCI money to build their shipping empire, chartering more ships in one year than [[China]] and [[India]] combined during their heyday.[^3] Their loans from BCCI topped out at $831 million in 1990 and were never repaid, contributing significantly to BCCI's financial problems.[^4]
[[Mustafa Gokal]] was named Pakistan's minister for shipping, a position facilitated by Abedi, highlighting the intertwined relationship between BCCI and the Pakistani government.[^5] The Gokal brothers were also used by BCCI as a front for various transactions, including an attempt to acquire Chelsea National Bank in [[New York]] in 1975.[^6]
## Footnotes
[^1]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 9.
[^2]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 9.
[^3]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 139.
[^4]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 140.
[^5]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 315.
[^6]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 11.