Briefs

By Reuters | St Louis Post-Dispatch (MO), July 9, 1994 | Go to article overview

Briefs


Reuters, St Louis Post-Dispatch (MO)


NATIONAL `Forrest Gump' Hits Theaters With Bang

"Forrest Gump," which stars Tom Hanks as a retarded man leading an extraordinary life, grossed $4 million in its second day in movie theaters, pushing its total ticket revenue to $8.1 million, Paramount Pictures said Friday.

Those receipts came from 1,332 theaters. Nearly 300 more have added the show for this weekend. By Hollywood standards, the film's performance at the box office has been strong, which bodes well for its weekend opening. Reuters BANKING Ex-BCCI Head Admits To Fraud, Conspiracy

Former top BCCI executive Swaleh Naqvi pleaded guilty Friday to three criminal charges of fraud and conspiracy stemming from his role in the Bank of Credit and Commerce International scandal.

A judge in Washington set sentencing for Oct. 19.

As part of a plea-bargain deal with U.S. prosecutors, Naqvi admitted he engaged with Agha Hasan Abedi, BCCI's founder, in a racketeering conspiracy to illegally take over several U.S. banks, including First American Bank in the Washington area. The ailing Abedi lives in Pakistan.

Naqvi was BCCI's chief executive before the bank, operating in 71 countries, was shut down three years ago amid allegations it engaged in the largest bank fraud ever. Reuters BROADCASTING Fox Plans To Launch Cable Movie Channel

The new cable-television service launched by Fox Inc. …

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