GLOBAL CONNECTIONS: the Near/Middle East
Summer 1991: Scandal rocks Abu Dhabi's Bank of Credit and Commerce International in the UAE.

Riddled by fraud, Abu Dhabi's Bank of Credit and Commerce International (BCCI) fails, creating huge liability claims from international investors with accounts there. Twelve bank officials are sent to jail and fined $9 billion in damages.

WWW Banking and Finance in the United Arab Emirates
http://lcweb2.loc.gov/cgi-bin/query /r?frd/cstdy:@field(DOCID+ae0049 )

A review of banking and finance in the UAE