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Chelsea National Bank

Chelsea National Bank was a financial institution that Bank of Credit and Commerce International attempted to acquire in 1975, using Abbas Gokal as a front.[^1] Regulators rejected the bid due to concerns about BCCI's involvement.[^1]

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Chelsea National Bank was a financial institution that BCCI attempted to acquire in 1975, using Abbas Gokal as a front.1 Regulators rejected the bid due to concerns about BCCI's involvement.1

  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. 11.

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