Agha Hasan Abedi

This article is about the financier. For the journalist, see Hasan Abedi.

Agha Hasan Abedi
Born14 May 1922[1]
Lucknow, British India
Died5 August 1995[2] (aged 73)
Karachi, Pakistan[1]
NationalityPakistani
Alma materLucknow University
OccupationBanker
Years active1946–1990
Known forFounder of Bank of Credit and Commerce International
Criminal penalty8 years prison[3]
SpouseRabia Abedi
Children1

Agha Hasan Abedi (Urdu: آغا حسَن عابِدی), (14 May 1922 – 5 August 1995) was a Pakistani banker and convicted felon who founded Bank of Credit and Commerce International (BCCI) and saw its collapse after one of the biggest banking fraud scandals in history was unearthed.[3][4] Before his death, he was convicted by the United Arab Emirates court of fraud and sentenced to eight years in prison.[3] Abedi also founded United Bank Limited.[5] Abedi underwent a heart transplant operation in 1988, and died of a heart attack on 5 August 1995 in Karachi.[2]

  1. ^ a b Cite error: The named reference archive was invoked but never defined (see the help page).
  2. ^ a b "Posthumous honour for BCCI founder". The Express Tribune newspaper. 10 February 2015. Retrieved 15 January 2017.
  3. ^ a b c "Agha Hasan Abedi; Banker Founded BCCI". Los Angeles Times. 6 August 1995.
  4. ^ "The heir to Agha Hasan Abedi - Profit by Pakistan Today". 5 November 2018.
  5. ^ "The man behind the bust: a chance encounter that changed history". The Express Tribune newspaper. 13 April 2015. Retrieved 15 January 2017.