In interviews with Subcommittee staff, Nazir Chinoy,the BCCI general manager in Paris, rememberedHammoud as:A short man, not a very impressive personality. . . Myimpression of Hammoud, to me Hammoud was notrich. Pharoan had physical power from his bearing hisconfidence. Hammoud was a slimey sort of a chap,not a forceful personality. Would Hammoudunderstand foreign policy? I do not think so. He wasnot a worldly man. Pharoan yes. Hammoud no.
In testimony before the Subcommittee in 1991,Massihur Rahman, BCCI's former chief financialofficer, described Hammoud as "a medium sizedbusinessman." BCCI's files indicate that Hammoud'swealth grew exponentially, and inexplicably, duringthe 1980's, at a clip of almost $5 million a year. By1989 he is listed as owning assets in excess of $35million.
Nevertheless, according to Chinoy,Hammoud did not give "the impression of being anextremely rich man from his clothes and generalbehavior."
At some point during the 1970's Hammoud becamevery close to the top management at BCCI. Naqvihad worked in Lebanon and BCCI had branches there,but the Subcommittee has been unable to determinewho originally introduced Hammoud to BCCI.Hammoud is described in a 1983 BCCI memorandumas "a very good customer of the BCC Group," who