Middleton "Sandy" Martin was [[Zayed bin Sultan AL-Nahayan|Sheikh Zayed]]'s American lawyer.[^1] He was a partner in [[Patton Boggs & Blow]], a powerful law firm in [[Washington, D.C.]].[^2] ### Role in BCCI Scandal Martin disclosed to the [[Federal Reserve]] that the [[Price Waterhouse]] audits, ordered by [[Sheikh Zayed]] in April 1990, revealed millions, possibly billions, of dollars missing from [[Bank of Credit and Commerce International|BCCI]].[^3] He was wary of the press and closemouthed, but he told [[Jonathan Beaty]] that BCCI might be one of the largest criminal enterprises in the world.[^4] Martin voluntarily admitted to [[Virgil Mattingly]], the [[Federal Reserve]] Board's general counsel, that BCCI exercised hidden control over [[First American Bank]] through shareholder loans.[^5] He provided Mattingly with a list of shareholders who had loans from BCCI secured by stock in First American, noting that 60 percent of the stock of [[Credit and Commerce American Holdings|CCAH]] was pledged and the loans were nonperforming.[^6] He also provided Mattingly with files that [[Swaleh Naqvi]] had personally maintained, containing records of BCCI's manipulations.[^7] ### Government Connections Martin was a former national security adviser to the [[Joint Chiefs of Staff]] at the [[Pentagon]] before entering private law practice.[^8] He handled Zayed's real estate investments in the United States for eight years.[^9] ### Footnotes [^1]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 10. [^2]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 98. [^3]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 98. [^4]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 98. [^5]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 133. [^6]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 133. [^7]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 134. [^8]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 99. [^9]: Beaty, Jonathan and Gwynne, S. C. *The Outlaw Bank: A Wild Ride into the Secret Heart of BCCI*. New York: Random House, 1993, p. 99.