The Iraqgate scandal revealed that a branch of Italy's largest bank, Banca Nazionale del Lavoro (BNL), in Atlanta, Georgia, relied partially on U.S. taxpayer-guaranteed loans to funnel $5 billion to Iraq from 1985 to 1989. In August 1989, when FBI agents raided the Atlanta branch of BNL, branch manager Christopher Drogoul was charged with making unauthorised, clandestine, and illegal loans to Iraq—some of which, according to his indictment, were used to purchase arms and weapons technology. According to the "Financial Times", Hewlett-Packard, Tektronix, and Matrix Churchill's branch in Ohio were among the companies shipping militarily useful technology to Iraq under the eye of the U.S. government.