26 lines
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1.9 KiB
Markdown
26 lines
No EOL
1.9 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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- CIA
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summary: "James Callaghan, also known as Lord Callaghan, was a former British prime minister who served as a paid economic adviser to the BCCI."
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born: 1912-03-27
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died: 2005-03-26
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location: "Portsmouth, England"
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---
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James Callaghan, also known as Lord Callaghan, was a former [[Great Britain|British]] prime minister who served as a paid economic adviser to the [[Bank of Credit and Commerce International|BCCI]].[^1] His association with BCCI was part of [[Agha Hasan Abedi]]'s strategy to cultivate relationships with influential figures and enhance the bank's image.
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### Political Career
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Callaghan had a distinguished political career in the [[United Kingdom]], culminating in his tenure as Prime Minister. His involvement with BCCI highlights the bank's reach into high-level political circles.
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### Role with BCCI
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Callaghan's role as an economic adviser to BCCI provided the bank with a veneer of legitimacy and access to political networks. He accompanied Abedi on visits to various countries, such as [[Zambia]], where they engaged in carefully stage-managed acts of philanthropy. For instance, in Zambia, Callaghan was present when Abedi announced a crucial loan and donated money to a charitable trust, actions that significantly boosted Abedi's reputation as a champion of the Third World. These joint appearances with Abedi in countries like Zambia, [[Kenya]], [[Ghana]], [[Pakistan]], [[Bangladesh]], [[China]], [[Thailand]], and the [[Soviet Union]] served to further BCCI's business development and image as a philanthropic institution.[^2]
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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. 9.
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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, pp. 227-228. |