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...Chief Minister of India's bustling southwestern state of Maharashtra, Abdul Rehman Antulay, 52, had built a reputation as an outspoken local leader of Prime Minister Indira Gandhi's Congress (I) Party. Antulay has presided in the state capital of Bombay over an ambitious array of populist projects designed to enhance both the party's image and his own. But last week Antulay was the center of a major scandal, in which he is alleged to have dispensed patronage and other favors in return for contributions and is said to have used Prime Minister Gandhi...

Author: /time Magazine | Title: India: Blush Funds | 10/5/1981 | See Source »

...that year Abdul Aziz al Quraishi, now 51, became the first Saudi to hold SAMA's purse strings. A member of the kingdom's expanding corps of Western-educated technocrats, Quraishi has a master's degree in business administration from the University of Southern California, but has had to learn about banking through on-the-job experience. A trio of early outside advisers helped him to master the mysteries of global high finance: John Meyer, onetime chairman of New York's Morgan Guaranty Trust, Alfred Schaefer, once chairman of Union Bank of Switzerland, and Robert Fleming...

Author: /time Magazine | Title: Squirreling Away $100 Billion | 7/13/1981 | See Source »

...chain of financial command in Saudi Arabia is short and autocratic. On multibillion-dollar investments, Crown Prince Fahd, who oversees most government matters for King Khalid, makes the final decision. For medium-scale transactions of a billion or two, Finance Minister Mohammed Ali Abdul Khail can give the approval. In deals involving no more than a mere $500 million, SAMA Governor Quraishi is empowered to act entirely...

Author: /time Magazine | Title: Squirreling Away $100 Billion | 7/13/1981 | See Source »

...struck sour notes in Rome from 54 to 68; Attila the Hun, who led his barbaric tribe from 433 to 453; Ivan the Terrible, nogoodnik Tsar of Russia from 1547 to 1584; Catherine de Medicis, Machiavelli-mentored Queen of France from 1547 to 1589 and noted butcher of Protestants; Abdul-Hamid II, murderous ruler of the Ottoman Empire from 1876 to 1909; Joseph Stalin, Soviet leader from 1929 to 1953; Adolf Hitler, an automatic club member as leader of Nazi Germany from 1933 to 1945; Mao Tse-tung, Chinese Communist leader from 1949 to 1976; and the only living honoree...

Author: /time Magazine | Title: People: Jul. 13, 1981 | 7/13/1981 | See Source »

...Arabia since 1932 and which, perhaps like no other dynasty in the world, has turned the running of a country into a family business. All key decision-making positions are held by the royal family which consists of an estimated 5000 princes. At the apex is King Khalid bin Abdul Aziz, 68, who has turned out to be surprisingly popular, projecting an image of old-fashioned rectitude and drinking countless cups of thick coffee while listening patiently to complaints and petitions during tours of remote provinces If the King is a kind of chairman of the board, Crown Prince Fahd...

Author: /time Magazine | Title: Saudi Arabia: Shoring Up the Kingdom | 3/16/1981 | See Source »

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