This article is part of a series about Gough Whitlam
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The Loans affair, also called the Khemlani affair, was a political scandal involving the Whitlam government of Australia in 1975 in which it was accused of attempting to borrow money from the Middle East by the agency of the Pakistani banker Tirath Khemlani (17 September 1920 — 19 May 1991) and thus bypass the standard procedures of the Australian Treasury and violate the Australian Constitution.
Minerals and Energy Minister Rex Connor and Treasurer and Deputy Prime Minister Jim Cairns misled Parliament and were forced from the Whitlam Cabinet over the affair. This was a key precursor to the 1975 Australian constitutional crisis, which led to the dismissal of the government in 1975.[1]
^Pilger, John, A Secret Country, Vintage Books, London, 1992, ISBN 9780099152316, pp. 205, 207-08, 218.
The Loansaffair, also called the Khemlani affair, was a political scandal involving the Whitlam government of Australia in 1975 in which it was accused...
the loans pertained to "matters of energy", that the Loans Council had not been advised, and that it would be advised only "if and when the loan is made"...
The Reorganisation loanaffair (Chinese: 善後大借款; pinyin: Shànhòu dà jièkuǎn) was a series of political incidents in the Republic of China between March...
Khemlani. Cairns first became aware of what was to become known as the "LoansAffair" three days after being appointed Treasurer, on 13 December 1974, when...
intermediary in the hope of securing US$4 billion in loans. While the LoansAffair did not result in a loan, according to author and Whitlam speechwriter Graham...
the efforts to secure a loan, whether through Khemlani or by other routes, bore fruit, but, as information about the "LoansAffair" trickled out, the government...
characteristics of the legal or financial system. Mortgage loans are generally structured as long-term loans, the periodic payments for which are similar to an...
26, 2012, the Department of Veterans Affairs announced it has guaranteed 20 million home loans since its home loan program was established in 1944 as part...
A no documentation loan (no-doc) or low documentation loan (low-doc) refers to loans that do not require borrowers to provide documentation of their income...
best known as the central figure in the "loansaffair", which arose from his attempts to secure petrodollar loans from Middle Eastern financiers. His resignation...
participation in the so-called 'loansaffair'. Two charges were laid against each defendant. The first alleged that the loan proposal would have contravened...
in the form of soft loans, income-sensitive repayment loans, income-contingent repayment loans and so on. Because student loans provide repayment records...
The Profumo affair was a major scandal in twentieth-century British politics. John Profumo, the 46-year-old Secretary of State for War in Harold Macmillan's...
loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans...
"The pivotal role of the United States has not changed, so this internal affair will not be permitted to have an effect." In March 1975, Tanaka's successor...
issues following the 1973 oil crisis and 1973–75 recession, the so-called LoansAffair, alleged Labor mismanagement of inflation, and campaigned under the slogan...
The XYZ Affair was a political and diplomatic episode in 1797 and 1798, early in the presidency of John Adams, involving a confrontation between the United...
uncritical supporter of Whitlam, and played a leading role in exposing the LoansAffair, one of the scandals which contributed to the demise of the Whitlam government...
Structural adjustment programs (SAPs) consist of loans (structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World...
to prominence in the 1990s selling subprime loans to mobile-home owners and now services subprime loans originated by others, but in an interview Edwards...
particular, the "loans-for-shares" scheme, in which major Russian banks obtained shares in firms with strong potential as collateral for loans to the state—turned...
secretary of the Department of Maori Affairs between 1983 and 1989, during which time he was involved in the Māori loansaffair. He was the foundation dean and...
obliged to resign as Minister for Minerals and Energy, as a result of the LoansAffair, and Wriedt was appointed in his place. Nevertheless, he served less...
in 1975, Gorton walked out of the Party Room. Following the 1974–75 LoansAffair, the Malcolm Fraser-led Liberal-Country Party Coalition argued that the...