1 Sentences With "bit of sharp practice"

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Reis' key associates, Dutch trader Karel Marang van IJsselveere, German trader Adolph Hennies, and José Bandeira (brother of António Bandeira, the Portuguese Ambassador to the Netherlands) later claimed to have believed the project was legitimate throughout. Reis had been lucky or fortunate in his selection of associates; although currently legitimate, each man had checkered pasts and had no objections to engaging in an enterprise that was technically legal even if shady, especially if it involved such major insiders. Reis alone knew unquestionably that there were no insiders and his various documents worthless, though prosecutors and journalists later suggested that the continuing credulity of his associates as the scheme progressed strained belief. On the pretext that the supposed loan and issuance would be politically unpopular, and with the implication that it was a bit of sharp practice by bank insiders, the entire operation was conducted in an atmosphere of deep secrecy.