35 lines
No EOL
3 KiB
Markdown
35 lines
No EOL
3 KiB
Markdown
---
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category: "BCCI Scandal"
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tags:
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- Person
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- BCCI
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- Banker
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- CIA
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summary: "Amjad Awan was a manager of BCCI Panama and later the bank's marketing manager for Latin America and the Caribbean."
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---
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Amjad Awan was a manager of [[Bank of Credit and Commerce International|BCCI]] [[Panama]] and later the bank's marketing manager for [[Latin America]] and the Caribbean.[^1] He gained notoriety as [[Manuel Noriega]]'s personal banker, handling his accounts and facilitating illicit financial transactions.[^2]
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### Role in BCCI's Operations
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Awan was deeply involved in BCCI's efforts to hide illicit financial transactions and manage accounts for high-net-worth criminal clients.[^3] He facilitated the movement of money for drug cartels and maintained a close relationship with Noriega, who was looting his own country.[^4] Awan also told investigators that BCCI secretly owned and controlled [[First American Bank]] and other United States banks.[^5]
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In October 1988, Awan was arrested by American Customs agents in Tampa, Florida, as part of a sting operation targeting money laundering and narcotics trafficking.[^6] He was convicted of money laundering but never testified at his trial.[^7] Despite his conviction, Awan's testimony and cooperation with investigators were crucial in revealing the extent of BCCI's criminal enterprise.
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### Connections and Legal Proceedings
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Awan's connections extended to high-level figures within BCCI and beyond. He was in contact with [[Swaleh Naqvi]], BCCI's chief operating officer, and was advised by [[Clark Clifford]] and [[Robert Altman]], BCCI's chief American counsel, to shred documents and leave the United States.[^8]
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His case was part of a larger investigation into BCCI's money laundering activities, which eventually led to the bank pleading guilty in Tampa in 1990.[^9]
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### Footnotes
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[^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. 8.
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[^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. 8.
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[^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. 27.
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[^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. 27.
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[^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. 28.
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[^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. 13.
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[^7]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 32.
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[^8]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 41.
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[^9]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 13. |