#BNL

Events (1)

• BNL Scandal The BNL scandal involved the Atlanta branch of Italy's Banca Nazionale del Lavoro, whose manager Christopher Drogoul extended approximately $5 billion in unauthorized loans to Saddam Hussein's Iraq between 1987 and 1989; subsequent investigations found CIA awareness of or involvement in the scheme, and the Justice Department's handling of the prosecution was criticized as protecting intelligence equities over criminal accountability.