BCCI / RESEARCHv2.2 · position-driven · source-bound research
← All assertions
Assertion 08 / fact-08

American Express Bank appears in both the BCCI and Al Shamal records.

The BCCI forfeiture opinion records a $150 million general deposit at American Express Bank and other financial relationships. Separately, Levin’s September 26, 2001 material lists American Express among Al Shamal’s U.S. correspondent banks. It also says the three U.S. banks reported their accounts closed or largely inactive since 1997–1998.

SUPPORTED

Court record + attributed congressional bank listing

Confidence assessment: documentary support, without numerical probability.

Supporting evidence (2)

S52 / reviewed summary

United States v. BCCI Holdings, 941 F. Supp. 180

primary-origin record

1996 opinion; American Express general-deposit discussion

The court describes BCCI’s $150 million general deposit and the loan/foreign-exchange relationships involved in the third-party claim.

What this establishes: The BCCI ↔ American Express financial relationship.

https://law.justia.com/cases/federal/district-courts/FSupp/941/180/2353792/
Source record
Show source → passage → interpretation → assertion
1. Raw source

United States v. BCCI Holdings, 941 F. Supp. 180

Open original document
2. Passage

The court describes BCCI’s $150 million general deposit and the loan/foreign-exchange relationships involved in the third-party claim.

1996 opinion; American Express general-deposit discussion

reviewed summary; not a verbatim quotation
3. Interpretation

The BCCI ↔ American Express financial relationship.

Scope: The quoted or summarized proposition is limited to the entity, period and procedural context identified in this document.

Alternative reading / remaining record

Obtain account agreements and transaction ledgers for each separately documented relationship.

4. Assertion linkagefact-08

primary-origin documentary supportThe BCCI ↔ American Express financial relationship.

S60 / reviewed summary

Levin prepared statement and correspondent-bank chart

primary-origin record

PDF p.71 / printed p.67

Three of the listed correspondent banks were U.S. banks, including American Express; Levin reports that their Al Shamal accounts were closed or largely inactive since 1997 or 1998.

What this establishes: The separately reported Al Shamal correspondent relationship and its activity qualification.

https://www.govinfo.gov/content/pkg/CHRG-107shrg81577/pdf/CHRG-107shrg81577.pdf
Source record
Show source → passage → interpretation → assertion
1. Raw source

Levin prepared statement and correspondent-bank chart

Open original document
2. Passage

Three of the listed correspondent banks were U.S. banks, including American Express; Levin reports that their Al Shamal accounts were closed or largely inactive since 1997 or 1998.

PDF p.71 / printed p.67

reviewed summary; not a verbatim quotation
3. Interpretation

The separately reported Al Shamal correspondent relationship and its activity qualification.

Scope: The quoted or summarized proposition is limited to the entity, period and procedural context identified in this document.

Alternative reading / remaining record

Obtain account agreements and transaction ledgers for each separately documented relationship.

4. Assertion linkagefact-08

primary-origin documentary supportThe separately reported Al Shamal correspondent relationship and its activity qualification.

Counter-evidence and qualifications (1)

S60 / distinguished

The three U.S. banks told Senate investigators their Al Shamal correspondent accounts were closed or largely inactive since 1997 or 1998.

September 26, 2001 hearing, PDF p.71 / printed p.67

Scope: Activity-date qualification

How does this affect the exact assertion?

Qualifies activity dates; it does not erase the separately reported correspondent relationship.

S60

Test source-exclusion scenarios

Temporarily exclude documents and inspect whether the remaining record establishes the exact claim.

SUPPORTED

Court record + attributed congressional bank listing

Baseline documentary assessment for this exact claim. Evidence type describes the record; it is not a numerical probability.

S52S60

Where this meets litigation

The BCCI ↔ American Express edge enters a named forfeiture proceeding. The separate Al Shamal listing is congressional material; its existence does not transfer liability between institutions.

What record would resolve the remaining question?

Obtain account agreements and transaction ledgers for each separately documented relationship.

Litigation phase / historical source status

Where the records meet the proceedings

Phases describe the dated documents. Proposed requests and background relationships do not establish an active lawsuit.

American Express Bank / BCCI forfeiture proceedings

Judicial opinions on forfeiture and third-party claims (1996–1997)

Several opinions are bundled under S6. These sources do not establish the current docket status or storage of litigation files at 7 WTC.

S6S52S53S54