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Nation IN BRIEF : WASHINGTON, D.C. : Ex-Banker Speaks About Loans to Iraq

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From Times Staff and Wire Reports

A former banker who faces prison for helping make illicit loans to Iraq before the Persian Gulf War told Congress that he pleaded guilty two months ago chiefly out of concern for his family and the financial effect on them that a long trial and long prison term might have. Christopher P. Drogoul, former manager of the Atlanta office of Italy’s Banca Nazionale del Lavoro, described himself as “an insignificant figure who can be sacrificed in the interests of major governments.”

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