Acted for the Depositors Compensation Scheme managers in the regulators scheme for depositor protection arising from the Bank of Credit and Commerce International (BCCI), a major international bank founded in 1972, which operated in 78 countries, had over 400 branches, and claimed assets of US$ 25 billion and which became the focus of the world's worst financial scandal and a "$20-billion-plus heist" (Beaty & Gwynne 1993).