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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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time
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073189
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07318900.039
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1990-09-17
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773b
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14 lines
MILESTONES, Page 67
EXTRADITED. Adnan Khashoggi, 54, ostentatious, peripatetic
(twelve residences) multimillionaire Saudi businessman and
financier; to New York City from a jail in Bern, Switzerland.
Arrested by Swiss authorities last April at the request of U.S.
prosecutors, he is charged with helping Ferdinand Marcos and his
wife Imelda in real estate deals financed with funds stolen from
the Philippine Treasury. Under terms of the extradition, Khashoggi
will face prosecution for mail fraud and obstruction of justice but
will not be tried on more serious racketeering charges, which are
not punishable under Swiss law. Held without bail until his true
worth is determined, Khashoggi faces five years in jail and a
$250,000 fine if convicted.