Robert altman bcci trial




















After four days of deliberation, Altman was acquitted of all state charges in New York. There was absolutely no merit to this. The worst part was waiting for a verdict. Robert Alan Altman was born in Washington on Feb. His father, Norman S. I liked that a lot in a young fella. The couple had met in Memphis, where she was a spokeswoman for Maybelline cosmetics.

In addition to his wife and son, an executive at ZeniMax, survivors include a daughter, Jessica Carter Altman, a singer and lawyer; and two sisters. In a phone interview, James Altman said his father opened his own law practice after the fraud trial to pay off his legal debt. Altman was known for maintaining a personal touch at ZeniMax, where he took steps to set the company apart even at video game trade shows. By Harrison Smith. This story was originally published at washingtonpost.

That inquiry precipitated BCCI's worldwide closure in amid claims that it was part of a global operation that laundered drug money, stole billions of dollars and handled secret bank accounts for the CIA.

In a statement Mr Morgenthau said: 'We accept the verdict, of course. Justice has been served. However, our investigation of BCCI continues. The two high-powered lawyers were accused of making millions in legal fees and accepting BCCI loans for stock - sweetheart deals which prosecutors said amounted to bribes. But Mr Altman's lawyers argued that he had been made a scapegoat by bank regulators who were trying to shift the blame for their failure to detect BCCI's financial links with First American.

They said regulators were told about BCCI's role as financial adviser to First American, but did not object until they began to receive inquiries from Congress and the media.

His acquittal, which came after four days of jury deliberations, ended a five-month trial in which 45 witnesses were called. Five other charges, including allegations of bribery and conspiracy, were dismissed earlier in the case.

The couple, who are among the most socially prominent people in Washington, were warmly congratulated by jurors, several of whom wept. But Mr Altman and Mr Clifford both face further battles. Last year federal prosecutors dropped similar criminal charges against them to allow the state case to go ahead.

These could now be refiled. Registration is a free and easy way to support our truly independent journalism. Both the jury and members of Altman's family erupted in tears as the first of the verdicts was read in court early Saturday evening after a tense wait. Altman's wife, actress Lynda Carter, leaped into her husband's arms moments after the jurors were excused.

After the acquittal, Altman, his family and lawyers met the jurors in a courtroom hallway, and a noisy, jubilant scene ensued. Most jurors approached the Altman family or lawyers and hugged them. The family profusely thanked the racially diverse, eight-woman and four-man jury.

The jury's forewoman, who declined to be named, offered a curt statement about the prosecution's case: "I felt insulted. The acquittal came after a trial that began in March and included testimony from 45 witnesses. The verdict marks an embarrassing setback for the Manhattan district attorney's office, which was widely credited with breaking open the international banking scandal. Justice has been served," District Attorney Robert M.

Morgenthau said in a statement released Saturday night. Clifford, a confidant to Presidents Truman, Kennedy, Johnson and Carter, is recuperating from heart surgery and was determined to be too ill to stand trial. Reached at his home in Bethesda, Md. Prosecutors said Altman deceived state and federal regulators by concealing and distorting the role BCCI played in the takeover and subsequent operations of First American.

But defense attorneys argued Altman was honest all along and that he was made a scapegoat for bank regulators who sought to shift the blame for their inability to detect BCCI's financial links to First American. They said regulators were told about BCCI's role as financial adviser to First American but didn't object until inquiries from Congress and the media.



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