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Haroon Kahlon

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July 2, 1992 | JOHN J. GOLDMAN, TIMES STAFF WRITER
The chief operating officer of the largest commercial bank in Saudi Arabia and an associate were indicted Wednesday on charges of scheming to defraud depositors of the Bank of Credit & Commerce International of $300 million from 1985 to 1991. Manhattan Dist. Atty. Robert M. Morgenthau--who announced the charges against Sheik Khalid bin Mahfouz, a top executive of the National Commercial Bank of Saudi Arabia, and his assistant, Haroon Kahlon--stressed that his probe of BCCI still was unfolding.
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BUSINESS
July 2, 1992 | JOHN J. GOLDMAN, TIMES STAFF WRITER
The chief operating officer of the largest commercial bank in Saudi Arabia and an associate were indicted Wednesday on charges of scheming to defraud depositors of the Bank of Credit & Commerce International of $300 million from 1985 to 1991. Manhattan Dist. Atty. Robert M. Morgenthau--who announced the charges against Sheik Khalid bin Mahfouz, a top executive of the National Commercial Bank of Saudi Arabia, and his assistant, Haroon Kahlon--stressed that his probe of BCCI still was unfolding.
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NEWS
December 28, 1993 | From Times Staff and Wire Reports
A Saudi Arabian financier and his associate have paid $225 million as part of an agreement with U.S. authorities to dismiss charges they conspired to steal more than $300 million from depositors in the failed Bank of Credit and Commerce International. In the settlement announced by the Manhattan district attorney, the payment was made on behalf of Sheik Khalid bin Mahfouz, ex-chief operating officer of the National Commercial Bank of Saudi Arabia, and Haroon Kahlon, an ex-bank executive.
BUSINESS
July 8, 1992 | From Times Staff and Wire Reports
Saudi Banker in BCCI Case Resigns: The chief operating officer of Saudi Arabia's biggest bank has resigned as a result of his indictment last week in the United States on fraud charges in the BCCI bank scandal. Sheik Khalid bin Mahfouz and an associate, Haroon Kahlon of London, were charged in New York with defrauding customers of the collapsed Bank of Credit & Commerce International of $300 million.
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