The Battalion. (College Station, Tex.) 1893-current, August 28, 1985, Image 13

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    - •• •• • • . •' . s
Wednesday August 28, 1985Trhe Battalion/Page 13
als
ecurity
iaintenance
Colleges
6-3455
Radioactive material spills
truck hits train; one dies
Associated Press
IOWDON, N.D. — A truc k haul-
gdrums of uranium oxide collided
ill! a freight train Tuesday, killing
driver of the truck and spilling
low-level radioactive material,
iitfliorities said.
H crewman aboard the Burling-
oi] Northern train was exposed to
l —■■^^^it^lieniical hut was not hospitalized.
)N CHROfiif 1° evacual ‘ ons "ere ordered in
.. , , he 1:45 p.m. accident, but authori-
Jmp r a n-c" e -.. : 'e|sealecl off the area located about
'orking early" miles east °i nowdon and 70
papers. S<r«i|« s northeast of Bismarck, said
also requite: Wug Friez, a supervisor for the
I
■1444.
North Dakota Division of Emer
gency Management.
1 he truck was hauling more than
50 drums containing powdered ura
nium oxide, a low-hazard, non-fis-
sionable material that presented no
danger outside 20 feet f rom the acci
dent site, he said.
Uranium oxide is a low-grade ore
that after it is refined is used as fuel
in nuclear power plants, said Terry
Lindsey, a stale radiological officer.
It does not pose a high radiation
threat but can cause respiratory
problems, he said.
The driver of the truck was killed
in the crash, said Sgt. Doyle Schultz
of the Highway Patrol. The victim’s
name was not released.
The truck collided w ith the first of
two engines hauling six empty
freight cars, said A! Wiegold, a
spokesman for the Burlington
Northern railroad in St. Paul, Minn.
The two engines derailed and one
crew member was exposed to the
uranium oxide, Wiegold said. How
ever, the crewman was not hospital
ized and was all right aftet being
cleaned of the chemical, he said.
HIRING
help. Houfs
itudents or
our. What!
Bryan or IK
Station.
ir Force,
ir tanker
rashes
Associated Press
JmARYSVILLE, Calif. — An
i l/fr Force KC-135 air tanker
RnnunmCnji^nshed during a takeoff and
landing training exercise Tues-
r htip.!7«)T<u (la: at Beale Air Force Base, kill-
in all seven men aboard, a mili-
onduo iti< •«<. t*u y spokesman said,
uday thmTtanii*'j i, e plane, the militai v equixa-
uf**RuiS Sooto |jci 1 1 of a Boeing 707, was based at
perhour C, stle Air Force Base near
n!jllom W; Mi reed, and was practicing take-
iitrr uiimm oft £ and landings when it crashed
about 12:30 p.m. near t he edge of
k-him onti^. : the base, said Capt. Joseph
io..iniWMWi ^axon, the spokesman,
i, jM<J t[ , rafltilB "®“4 here were no survivors,” he
r fall will.' Said.
_HNo one on the ground was in-
:luvcnanppamiJied in the crash, which trig-
undaton g eret j a ijnjsij f] re (jn the base, lo-
■ted about 50 miles north of
NOW IIring tt
0 l /r coummsionpui
s Apply at 2406DIb
hoaa Wok
it me and traihpimft
\r>4.
,ill> rojniitd.
dimumirai . « ■aamento near Marysville.
““llhe KC-135 was equipped to
Jfuel other aircraft in lliglu,
Sa-ton said.
■A board of officers will investi
gate the crash, the Air Force said.
Bank must pay fines
totalling $2.25 million
Associated Press
WASHINGTON — The govern
ment announced Tuesday it had im
posed a record $2.25 million in pe
nalties against Crocker National
Bank ol San Francisco for failing to
report almost $4 billion in cash
transactions as required by law.
Treasury Department officials
said the bank, the country’s 11th
largest, had committed 7,877 report
ing violations from 1980 through
1984.
Officials said the violations were
uncovered during a routine audit of
the bank last October and that the
bank’s new management had coop
erated with the investigation.
Under the Bank Secrecy Act,
banks are required by law to report
all cash transactions above $10,000.
The law is designed to give federal
law enf orcement officials a tool to in
vestigate cases involving drug deals,
corruption and organized crime.
1 he Oocker case marked the
sixth time this year that the govern
ment has penalized banks for failure
to report. The Bank of Boston on
Feb 7 pleaded guilty to a felony
charge of failing to report $1.22 bil
lion in cash transactions with nine
foreign banks and agreed to pay a
$500,000 fine.
In June, the Treasury Depart
ment announced smaller civil penal
ties against four New York City
banks for reporting violations.
Assistant T reasury Secretary John
M. Walker Jr. said the civil penalty
imposed on Crocker was larger be
cause “the extremely serious nature
of Crocker’s violations warranted a
substantially more severe penalty
than in prior cases.”
Walker said a full investigation
would be undertaken by the Internal
Revenue Service to see if criminal
charges should be filed against the
bank or any individual employees.
Harold P. Reichwald, Cracker’s
general counsel, said the bank had
agreed to the settlement even
though outside counsel had
“strongly advised us that we would
win a case against the government in
court.”
Walker said the bank could have
faced maximum penalties of $1,000
for each violation for a total of $7.88
million.
He said the amount not reported
totaled $3.88 billion and that $3.43
billion of that sum had come from
six banks in Hong Kong. This
money was delivered by couriers
from the Hong Kong banks to
Crocker’s main San Francisco
branch where it was deposited and
the accounts of the Fiong Kong
banks were credited.
Walker said it was highly likely
that the money being deposited
came from drug transactions.
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