Was bin Mahfouz involved in the Bank of Credit and Commerce International scandal?
Yes, the BCCI was the most corrupt financial institution of all time. Banks used to give away toaster ovens to attract customers; BCCI used hookers. There was drug money involved. The CIA would fund their covert operations through BCCI. Gangsters would use it. It was funding operations for Osama bin Laden and the mujahideen in the Afghanistan war [against the Soviets]; so you had all these elements tied together. In the 80s bin Mahfouz became its largest shareholder. In the meantime young George W. Bush was involved with yet another failing oil company [after Arbusto] called Harken Energy. Harken was drilling one dry well after another; it was loaded with debt; yet, suddenly, a series of wonderful things began to happen to it. The Saudis bailed Bush out? Yes, and each bailout was linked to BCCI and bin Mahfouz in one way or another. You have to ask yourself, Why would Saudis, with all the oil in the world, travel halfway around the globe to invest in a failing oil company? Now it could
