P. S. Prasad

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Dr. P. S. Prasad is a notable Indian-born businessman associated with collapse BCCI of 1991.

In the years prior to BCCI's collapse, he was the owner of Keystone Financial Corporation and P. S. Investments, and an investment partner of Bert Lance and Ghaith Pharaon;[1] he was also BCCI's largest individual borrower in the U.S. at the time of its collapse, with some $30m in outstanding loans.[2].

Prasad fled the U.S. shortly after BCCI's meltdown; since that time very little information about his whereabouts has been published in the English-language media.

[edit] References

  1. ^ http://www.scu.edu/law/FacWebPage/Neustadter/contractsebook/main/cases/FDICparolevidence.htm
  2. ^ http://www.fas.org/irp/congress/1992_rpt/bcci/16ga.htm
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Prasad now lives in Hyderabad India and runs (though not nominally) a software company, Goldstone Engineering.

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