Swaleh Naqvi Explained
| Swaleh Naqvi |
| Birth Date: | 1933 |
| Birth Place: | Agra, British India |
| Death Place: | Karachi, Pakistan |
| Nationality: | Pakistani |
| Occupation: | Banker |
| Children: | 5 |
| Criminal Penalty: | 8 years |
Mohammed Swaleh Naqvi (1933 – 7 September 2019) was a British Pakistani banker and convicted felon who was the chief executive officer of Bank of Credit and Commerce International.[1] He was convicted in the BCCI banking fraud and served jail time for eight years.[2]
Career
Naqvi was made chief executive officer of the Bank of Credit and Commerce International in 1988.[3] In October 1994, he was jailed for eight years in the BCCI banking fraud and was fined $255.4 million by a U.S. federal court.[4] [5]
Death
Naqvi died on 7 September 2019, in Karachi after a brief illness.[6]
Notes and References
- News: Walsh . Sharon . FORMER BCCI OFFICIAL NAQVI SENTENCED TO PRISON . . 20 October 1994 . 17 December 2021.
- News: Willcock . John . BCCI chief sentenced to eight years . . 19 October 1994 . https://ghostarchive.org/archive/20220526/https://www.independent.co.uk/news/business/bcci-chief-sentenced-to-eight-years-1443992.html . 2022-05-26 . subscription . live . 17 December 2021.
- News: Down memory lane: 24 years on, BCCI saga still haunts . . 28 March 2015 . 17 December 2021.
- News: Lewis . Neil A. . Former B.C.C.I. Chief Given 8-Year Jail Term . . 20 October 1994 . D2 . 17 December 2021.
- News: Prison term: Former top BCCI executive Swaleh... . . 19 October 1994 . 17 December 2021.
- News: A legend of Pakistan Swaleh Naqvi passes away . The Financial Daily . 16 September 2019 . 17 December 2021.
