The World - News from Jan. 29, 1986

The family of the late Argentine banker David Graiver was awarded $82 million in damages and 40 lots of property as indemnification for confiscations by the former military regime. The civilian government accepted the out-of-court settlement, designed to prevent future litigation by members of the Graiver family, which was driven to ruin and imprisonment by the generals. The family had been accused of collaboration with Montonero guerrillas. Graiver reportedly died in a plane crash in Mexico in 1976. Six weeks later, his American Bank and Trust Company of New York collapsed, as did other banks in his overseas empire.