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Charles Rebozo — Part 1

150 pages · May 09, 2026 · Document date: Jun 11, 1974 · Broad topic: Politics & Activism · Topic: Charles Rebozo · 132 pages OCR'd
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I r Q1 ill - "-3551 0 . According to Mr. HIGGINS, he had never examined the loan application allegedly signed by CHARLES REBOZU, that he stated from examining the copy of the loan that it appeared that some of the handwritin on the face of the loan application was written in the hand orb After the loan was approved, HIGGINS stated that sometime thereafter he was made president of the bank. ii the i e loan was made, the president of the bank yes wwho may have actually handled some of the details of this oan agreement. HIGGINS stated that he was unaware that on the same date, namely November 29, 1972, that the hank transmitted $225,000.00 to the Key Biscayne Bank of Miami, Florida, for the account of CHARLES REBOZU, that REBOZO on the very same date, transferred to the account of the Precision Valve Corporation at the Hudson Valley National Bank the same amount namely $225,000.00. Mr. HIGGINS recalled that the bank had some difficulty in collecting t e interest on this loan from REBOZO, and that he had been pressingbto have the loan taken off the books view of the various disclosures that were being made public, arising out of the Watergate investigations. ecause of his close association with or whom he has a power of attorney to represent in all bank matters was reluctant to have the loan removed prior to its term, namely nine months for the twenty~flve thousand dollars and twelve months for the two hundred thousand dollars ' asmuch as it would hurt the relations of the bank with thepeople. Mr. HIGGINS stated that he was told that the loan was off the books, but was never apprised of the manner in which the bank was repaid on the loan by REBULO. Mr. HIGGINS was shown a photocopy of a check that had been furnished by Mr. NEIL of the Hudson Valley National Bank which was a check dated December 27, 1973, in the amount of two hundred twenty-nine thousand three hundred ninety-nine dollars and fortysix cents $229,399.46! payable to the Hudson Valley National Bank, drawn upon the . account of the Precision Valve Corporatioh on their account 2
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