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Donald Regan

Donald Regan served as the Treasury Secretary during the Reagan Administration.

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Donald Regan served as the Treasury Secretary during the Reagan Administration.1

Role in BCCI Scandal

In January 1985, Regan received a Central Intelligence Agency report on the BCCI's secret ownership of First American Bank through Douglas Mulholland, the intelligence liaison at the Treasury Department.2 Despite receiving this information, Regan did not take action.3

Regan later refused to be interviewed by Jonathan Beaty in early 1992, stating that his memory about the BCCI affair was not good.2

  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. 12.
  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. 364-366.
  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. 388.

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