Exhibit 319

The BCCI Affair, Finding 7 (CIA)

Exhibit 319 · Congressional report

The BCCI Affair, Finding 7 (CIA)

After the CIA knew that BCCI was as an institution a fundamentally corrupt criminal enterprise, it continued to use both BCCI and First American, BCCI's secretly held U.S. subsidiary, for CIA operations.

CIA knowledge of BCCI by early 1985 and continued use of BCCI and First American.

Source: United States Senate, Committee on Foreign Relations
Date: December 1992
Quoted from: Executive Summary, Finding 7
Grade: Primary record
Document: https://fas.org/irp/congress/1992_rpt/bcci/01exec.htm
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding DEF-6.7: Primary record The Senate BCCI report found that Justice Department personnel obstructed the Manhattan District Attorney's inquiry and that the CIA continued to use BCCI and First American after it knew BCCI was a criminal enterprise.