Justice Department widens probe into BCCI international bank
A federal task force led by the Justice Department probes Bank of Credit and Commerce International SA amid fraud and money laundering links with drug traffickers. Ten prosecutors in Washington Atlanta Miami and Tampa pursue leads from Congress and press. Hearings set as BCCI's ties to First American Bankshares and possible bribery are examined. Local notes include a blood drive at South End Baptist Church and donor details.
MENTIONED IN THIS ARTICLE
Washington
Bank of Credit and Commerce International SA
Justice Department
Atlanta
Miami
Tampa
Fla
BCCI
Robert S. Mueller III
Mueller
Congress
Price Waterhouse
Bank of England
Federal Reserve Board
First American Bankshares Inc
House Banking Committee
U.S
Clark M. Clifford
First American
Clifford
Robert Altman
Federal Reserve
USA Today
Senate
Jack Blum
Financial Times
London
Pakistan
Sartaj Asif
CIA
Kabul
The
Guardian
Garcia
Pedro Cateriano
Manhattan
Robert M. Morgenthau
Red Cross
South End Baptist Church
Carrollton Drive
Frederick
Laurie Horner
Gorbachev calls for party openness amid reform push
Gorbachev urged the Communist Party to broaden support beyond workers and denounce Stalinism while embracing private property and freedom of religion. He aims to attract Western aid and proposed a fall Party Congress to vote on a new platform. Tass warned a split could emerge from a Central Committee meeting or a year-end congress as public sentiment shifts.
MENTIONED IN THIS ARTICLE
Interfax
Gorbachev
Communist Party
Karl Marz
Europe
Communist
Tass
Central Committee
Vladimir Ivashko
Moscow News
All- Union Center For the Study
Area farms face heavy losses as drought bites crops and hay
County assessment shows pasture losses at 75 percent with other crops suffering. Hay supplies depleted as farmers feed remaining stock. Corn and soybeans down by about half to a third, truck crops hit 60 percent, and milk production declines 15 percent due to heat.
MENTIONED IN THIS ARTICLE
Nick Nicholson
New Midway
Vandals damage banks school and shopping center in Green Valley
Early Wednesday vandals shot out windows at Citizens Bank of Maryland on Md 75 and 80 and at Green Valley Elementary School, plus damage to a telephone booth area at Green Valley Shopping Center. Total damage about 1540 dollars. Authorities urge drought relief steps and ASCS reporting for farmers, noting potential disaster declarations and late sign up penalties.
MENTIONED IN THIS ARTICLE
Green Valley
Citizens Bank of Maryland
Kirby Maybush
Frederick County
Sheriff's Office
Employers to pay surcharge to bolster Maryland unemployment fund
Maryland 113000 employers face a new surcharge on top of quarterly unemployment taxes to shore up the strained unemployment insurance fund amid the recession. Officials say solvency is needed as closures and layoffs reduce contributions while rising benefit payments continue. About 403 million in benefits were paid May 1990 to May 1991.
MENTIONED IN THIS ARTICLE
Maryland
Curtis M. Kane
State Department of Economic and Employment Development
Mr. Kane
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