During the Lance affair, more than a dozen allegations of wrongdoing were made against the former director of the Office of Management and Budget. He successfully refuted several of them, but others could not be dismissed. Among them:

Overdrafts. The comptroller of the currency found that Lance and his wife - whose financial affairs, according to both of them, were handled by Lance - overdrew personal checking accounts by as much as $100,000 and more. For years these overdrafts - amounting to loans - were permitted to them with no interest or service charge.

Moreover, Lance helped finance his campaign for governor of Georgia in 1974 with overdrafts, which were as high as $152,000, from the Calhoun bank that he ran.

The comptroller said both the personal and campaign overdrafts appeared to violate banking laws and regulations, which severely limit how much a bank officer can borrow from his bank.

Improper use of corporate aircraft. When he became president of the National Bank of Georgia (NBG) in 1975. Lance sold that bank an executive aircraft he had previously purchased for $80,000. The bank paid $120,000 for it. Lance then used the plane on business trips and on other trips whose business purposes are being are being questioned. He had acknowledged, for example, flying the plance to University of Georgia football games, the Mardi Gras, and to several political events. Apparently, the bank deducted the cost of these trips as business expenses, while Lance did not report their value as personal income.

The Justice Department, Internal Revenue Service, Securities and Exchange Commission and Federal Election Commission are investigating Lance's use of the plane for possible criminal prosecution.

Double pledging of the same collateral. According to the terms of a note he had signed with the manufacturers Hanover Bank in New York, Lance should have turned over to the bank "forthwith" a stock dividend of nearly 15,000 NBG shares he had recieved in December, 1975. But instead, he pledged those shares as collateral on another loan note he signed with the Chemical Bank of New York.

Improper use of influence.Two potentially embarrassing federal actions involving Lance were dropped within days of his appointment to head the OMB. One was a cease-and-desist agreement with his Calhoun bank. The second was a criminal investigation of his campaign overdrafts.

Testimony showed that Lance lunched with and visited with the federal officials who decided to drop those actions. Although Lance denied it, other testimony charged that he specially asked that the bank agreement be dropped.Lance's lawyer acknowledged that he asked the U.S. attorney in Atlanta to drop the criminal investigation.

Compensating balances. Bank examiners found a pattern of cases in which banks made large personal loans to Lance soon after banks he ran had established "correspondent" relationships with them. The comptroller said that there was no clear proof of wrongdoing, but that this pattern raised serious questions about what proper banking practice.

Charges were also made that Lance failed to report his personal borrowings to fellow bank directors ad required by law and that he filed incomplete financial statements with the Senate before his confirmation in January.

It was also revealed during the course of the Lance affair that some federal bank examiners had a poor opinion of him as a bank administrator. One called him a very weak" administrator.