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Daily News from New York, New York • 70

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
70
Extracted Article Text (OCR)

riPAILV. NEYS, TUESDAY. AUGlTSTr.7, 1979 kidnaped -riltiiiiiii-iiiiii -nirrriiiiir mi Mi.iinmimwi 4 jfffritirTfiilr fnru -r1" "Tr "A Lm gUmTIMH WKI MfcMr 1 Robert RoMmiUoDaily Nw Bicyclist has outer roadway of Queensboro Bridge to himself after It was closed to automobile traffic. Two yeeimsboiro bones letting; shut for 3 By STEWART AIN and FRANK LOMBARDI Italian financier Michele Sindo-na, indicted on 99 counts of fraud in the collapse of the Franklin National Bank the nation's biggest bank failure has disappeared. His lawyers say the 59-year-old wheeler-dealer has been kidnaped.

Sindona has not been seen since he left his suite in the Hotel Pierre at 7:15 p.m. last Thursday and headed south on Fifth Ave. He was wearing a light beige suit with shirt and tie. The next morning his secretary reported receiving a telephone call from his purported kidnapers. "Listen carefully," the caller was quoted as saying.

"We now have Michele Sindona as our prisoner. You'll be hearing from us." Sindona's Lawyer, former Federal Judge Marvin Frankel, reported that there have been no further calls. "I believe he has been kidnaped," Frankel said. Listed as missing person New York "City police and the FBI have not yet branded his disappearance a kidnaping, but the cops did issue a missing-person statement yesterday for the banker whose wealth at one time was estimated at $200 million. "He's missing," said John J.

Kenney, the assistant U.S. attorney assigned to prosecute Sindona. "He can't be found He is not at his hotel and not at his office." Asked if be suspected foul play, Kenney replied: "We have no knowledge of that" Sindona has been seeking to delay his-trial, now due to start Sept 10, and this is one reason government agencies here were reluctant to immediately term his kidnaping. He has been free on $3 million bail-he put up $300,000 in cash since he was indicted March 19 on charges that he concealed from U.S, officials the use of funds illegally taken from his banks in Milan in 1972 to acquire the Franklin National Bank, then the nation's 19th largest bank. The bank collapsed in 1974.

Sindona and co-defendant Carlo. Bordoni are charged with misapplying" $45 million of Franklin National funds, $30 million of that in losses traced to foreign exchange speculation. Bordoni has pleaded guilty to misap- New York Daily News, Dr. Kevin Cahill and myself have tried to point the way to peace, seeking the common ground of conciliation," Cary declared. No terrt rists at table Carey said that ix location or agenda for the meeting has eea set, but he said that representatives of the Irish Republic Army and Protestant terrorist groups would not be invited, you don't talk to the terrorists involved," the governor declared.

"You talk to those who have the genuine desire to bring conciliation and peace." He said he has discussed the matter with Secretary of State Vance. According to one analysis, Carey has been able to establish a rapport with the British government because of his outspoken attacks on the JRA. mm Looking fit and relaxed, Carey also made these points passenger car weighs anywhere from-one to more than two tons. The consultants, who conducted the inspection for the State Department of Transportation, said that after the roadway brackets are strenghtened, the outer roadways will again be capable of carrying passenger cars. The Queensboro Bridge, currently being repainted, is the most heavily traveled East River crossing used by 145,000 vehicles daily.

When it was com-' pleted in 1909, the bridge was the largest cantilever structure ever built Michele Sindona Last seen Thursday night plying bank funds and falsifying the bank's financial statements. Six former executives of Franklin also have pleaded guilty on an assortment of charges. Among customers that lost money as a result of Sindona's doings was the Vatican. Sindona was a financial consultant to the Vatican. On July 12, a key witness in the federal government's case against Sindona prominent Italian banker Giorgio Ambrosoli was shot to death in front of his home in Milan, Italy.

Gave evidence Three men shot Ambrosoli fcur times In the chest just after he gave evidence to Italian and American officials about Sindona's Italy-based activities, but before Ambrosoli had signed minutes of the hearing. Before the shooting, Ambrosoli had told magistrates that he had been warned by unknown people to "go easy en Sindona case." Sindona was due to meet associates Friday morning at 9:30 and did not show for the meeting. An investigation of his suite at the Pierre showed that he had not slept there since Wednesday and that his suit was missing. He is asking Attorney General Robert Abrams to look into demands by home-heating oil deliverers for immediate cash payments. Carey said he saw nothing wrong with use of credit for homeowners if they have used credit before.

He will continue talks with officials of British-based Rolls-Royce about establishing an assembly plant in New York but said that such a decision is two years off. He found widespread questioning In Europe of President Carter's leadership but said he defended the President throughout He said he had no plans to shake up the administration in such purges at those undertaken by Carter and Mayor Koch. "It's his (City) HalL" Carey said questioned on Koch's actions. Carey gets OK for British-Irish talks By ALFRED MIELE Both outer lanes of the 70-year-old Queensboro Bridge will be closed to all auto and truck traffic for at least three years because rock salt used to melt snow and ice has eaten through structural beams supporting the roadway. The Queensboro was the first of the four major East River spans to be inspected under an over-all rehabilitation plan and was the first to flunk.

Inspectors are now surveying the Manhattan, Brooklyn and Williamsburg Bridges. Yesterday's decision, which reduces the number of lanes open to vehicular traffic on the Queensboro Bridge from 11 to nine, resulted from the findings of an engineering consultant firm, STein-man, Boynton, Gronquist and Birdsell. Eaten away by rock salt The firm reported that the floor beam brackets supporting the outer roadways of the double cantilever bridge had deteriorated, primarily because of rock salt that literally "eats up" the structural steel. The consultants urged that the roadways be closed to all but cyclists and pedestrians until completion of a $2.5 million rehabilitation financed with federal and city funds. Originally designed to carry a trolley line, the outer roadways had been restricted to noncommercial traffic and were closed for the study in late June.

The south outer roadway is now used as a bikeway and pedestrian path. The engineering consultants' report on the Queensboro Bridge noted that some sections of the outer roadways were still capable of holding a 10-ton vehicle. Others, however, were found to be unable to carry a three-ton load. A' By OWEN MORITZ Leaders of Britain and the Republic of Ireland have tentatively agreed to meet in New York next month to try to work out a settlement to the decades-old strife in Northern Ireland, Gov. Carey disclosed yesterday.

Carey, just back from a two-week working vacation in Europe and the Mediterranean, said he has obtained the "initial acceptance" of Humphrey Atkins, British secretary of state for Northern Ireland, and Michael O'Kenne-dy, foreign minister of the Republic of Ireland. Presuming the cabinets agree, the meeting would take place next month when the United Nations General Assembly convenes. "In a series of recent articles in the.

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Years Available:
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