"Our information is that the BCCI not only set up the deal but retains effective control of the Attock. The Attock Oil share supposedly held by 'Arab investors'  were placed under lock and key by Abedi's henchman Swaleh Naqvi -- together with undated transfer documents signed by all four principles of KIFCO. Thus Abedi, without appearing formally on the record, has Pakistan's nascent oil industry neatly under his thumb.
The BCCI's official spokesmen deny this account, and say that the Attock Oil shares has been registered 'perfectly normally' in the name of yet another company, Finance and Investment International Corporation (FIIC). It perhaps comes as no surprise that this registration took place in the Cayman Islands, where FIIC is domiciled, like too many interesting parts of the BCCI structure."

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Excerpt from "A banker for all seasons" by Tariq Ali.