The last of several civil lawsuits stemming from the BCCI banking scandal of the early 1990s involving former Defense Secretary Clark Clifford and his law partner reportedly have been settled.

The Washington Post reported Thursday that Clifford and Robert A. Altman agreed to give up $18.5 million in legal fees and stock in what was formerly First American Bankshares Inc., in exchange for First American's trustee agreeing to drop a civil racketeering suit against them.Clifford and Altman were charged in federal criminal indictments in 1992 with fraud and lying to federal investigators after the collapse of Bank of Credit and Commerce International.

The criminal charges against Clifford, now 92, were dropped in 1993 because of his age and ill health. Altman was acquitted of all criminal charges that year.