Sports Industrialists

McNALL TAKES FIFTH DURING CREDITORS MEETING

9.19.1994

     Bruce McNall, the former owner of the L.A. Kings and Toronto
Argonauts, "repeatedly invoked the fifth amendment" when asked
during a bankruptcy proceeding if he had secreted funds overseas.
When questioned if he had transferred large sums of money to bank
accounts in Switzerland, England, and Liechtenstein, McNall chose
not to answer (Jim Tranquada, L.A. DAILY NEWS, 9/17).  McNall is
mired in "bankruptcy proceedings and the FBI is looking into his
role in the disappearance of $3.3M in ancient coins from a fund
he managed" (Sallie Hofmeister, NEW YORK TIMES, 9/19).

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