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Rana Abdel-Rahim Koleilat
Rana Abdel-Rahim Koleilat (Arabic: رنا عبد الرحيم قليلات, born January 23, 1967) is a Lebanese Sunni female banker who was accused of being at the head of the biggest banking scandal in the history of Lebanon. She fled Lebanon to Brazil in 2005, while she was being investigated for the mysterious collapse of Al-Madina Bank, which she allegedly stole $3 billion, but her whereabouts today are unknown. Biography She born in January 23, 1967 in the Ras-El-Nabeh neighborhood in the heart of Beirut. She joined Al-Madina Bank as a clerk in 1985, before becoming an executive''Rana Koleilat: Frankenstein for Lebanese Women''
Lebanese Political Journal, 20 mars 2006
of Ibrahim Abou Ayyash, the brother of Chairman Adnan Abou Ayyash. A few ...
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Arabic
Arabic (, ' ; , ' or ) is a Semitic languages, Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walter de Gruyter GmbH & Co. KG, Berlin/Boston, 2011. Having emerged in the 1st century, it is named after the Arabs, Arab people; the term "Arab" was initially used to describe those living in the Arabian Peninsula, as perceived by geographers from ancient Greece. Since the 7th century, Arabic has been characterized by diglossia, with an opposition between a standard Prestige (sociolinguistics), prestige language—i.e., Literary Arabic: Modern Standard Arabic (MSA) or Classical Arabic—and diverse vernacular varieties, which serve as First language, mother tongues. Colloquial dialects vary significantly from MSA, impeding mutual intelligibility. MSA is only acquired through formal education and is not spoken natively. It is ...
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Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabian hinterland has contributed to its rich history and shaped a cultural identity of religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of , making it the second smallest country in continental Asia. The official language of the state is Arabic, while French is also formally recognized; the Lebanese dialect of Arabic is used alongside Modern Standard Arabic throughout the country. The earliest evidence of civilization in Lebanon dates back over 7000 years, predating recorded history. Modern-day Lebanon was home to the Phoenicians, a m ...
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Sunni Islam
Sunni Islam () is the largest branch of Islam, followed by 85–90% of the world's Muslims. Its name comes from the word '' Sunnah'', referring to the tradition of Muhammad. The differences between Sunni and Shia Muslims arose from a disagreement over the succession to Muhammad and subsequently acquired broader political significance, as well as theological and juridical dimensions. According to Sunni traditions, Muhammad left no successor and the participants of the Saqifah event appointed Abu Bakr as the next-in-line (the first caliph). This contrasts with the Shia view, which holds that Muhammad appointed his son-in-law and cousin Ali ibn Abi Talib as his successor. The adherents of Sunni Islam are referred to in Arabic as ("the people of the Sunnah and the community") or for short. In English, its doctrines and practices are sometimes called ''Sunnism'', while adherents are known as Sunni Muslims, Sunnis, Sunnites and Ahlus Sunnah. Sunni Islam is sometimes referred ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Al-Madina Bank
Al-Madina Bank (Arabic: بنك المدينة) was a Lebanese bank that was seized by the Banque du Liban Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the ma ... and closed completely in 2003 because of its mysterious case of suspicion in money laundering, corruption and fraud. The main figure in the scandal was Rana Koleilat, but also Adnan Abu Ayyash, the bank owner, and his brother Ibrahim. As many as 135 people may have been involved in the corruption case, included political, military, financial and legal figures. The total amount of money lost from the bank was 1.65 billion US dollars. History Bank Al-Madina began operating in 1982, with its headquarters in Hamra. Adnan Abu Ayyash bought the bank in 1986, and was its main shareholder, along with his brother Ibrahim. The b ...
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Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint of Lebanon's Mediterranean coast. Beirut has been inhabited for more than 5,000 years, and was one of Phoenicia's most prominent city states, making it one of the oldest cities in the world (see Berytus). The first historical mention of Beirut is found in the Amarna letters from the New Kingdom of Egypt, which date to the 14th century BC. Beirut is Lebanon's seat of government and plays a central role in the Lebanese economy, with many banks and corporations based in the city. Beirut is an important seaport for the country and region, and rated a Beta + World City by the Globalization and World Cities Research Network. Beirut was severely damaged by the Lebanese Civil War, the 2006 Lebanon War, and the 2020 massive explosion in the ...
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Banque Du Liban
Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the main responsibilities of the bank is issuing Lebanon's currency, the Lebanese Pound. Other responsibilities include maintaining monetary stability, regulation of money transfers, and maintaining the soundness of the banking sector. Banking is a very important part of Lebanon's economy with over 100 different banks, which makes the role of BdL particularly important. It currently owns 99.37% of the shares of Lebanon's national carrier, Middle East Airlines. The BdL is also the dominant shareholder of the Intra Investment Company (IIC) which in turn owns 53% of Casino du Liban, making it the only central bank worldwide to rule over a Las Vegas-style gambling casino. Besides the main branch in Beirut, it has branches in Aley, Baalbeck, Bikfaya ...
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Al-Raida
''Al-Raida '' (English: ''The Woman Pioneer'') is a quarterly peer-reviewed feminist academic journal covering women's and gender studies. Established in 1976, it is published by the Institute for Women's Studies in the Arab World at the Lebanese American University. Its mission is to "enhance networking between Arab women and women all over the world". History The Institute for Women's Studies in the Arab World was set up in 1973 at the Beirut University College, with funding from the Ford Foundation. This later morphed under the Lebanese American University. As the college was founded by Christian American missionaries, the journal was exclusively published in English for much of its history until the fall-winter edition of 2001 when an Arabic edition was published. ''Al-Raida'' published special issues on women in Arab cinema, women and the Lebanese Civil War, women and work, and violence against women. The journal is published in English and Arabic Arabic (, ' ; , ' ...
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Saddam Hussein
Saddam Hussein ( ; ar, صدام حسين, Ṣaddām Ḥusayn; 28 April 1937 – 30 December 2006) was an Iraqi politician who served as the fifth president of Iraq from 16 July 1979 until 9 April 2003. A leading member of the revolutionary Ba'ath Party, Arab Socialist Ba'ath Party, and later, the Ba'ath Party (Iraqi-dominated faction), Baghdad-based Ba'ath Party and its regional organization, the Arab Socialist Ba'ath Party – Iraq Region, Iraqi Ba'ath Party—which espoused Ba'athism, a mix of Arab nationalism and Arab socialism—Saddam played a key role in the 1968 coup (later referred to as the 17 July Revolution) that brought the party to power in Iraq. As vice president under the ailing General Ahmed Hassan al-Bakr, and at a time when many groups were considered capable of overthrowing the government, Saddam created security forces through which he tightly controlled conflicts between the government and the armed forces. In the early 1970s, Saddam nationalised the ...
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Hezbollah
Hezbollah (; ar, حزب الله ', , also transliterated Hizbullah or Hizballah, among others) is a Lebanese Shia Islamist political party and militant group, led by its Secretary-General Hassan Nasrallah since 1992. Hezbollah's paramilitary wing is the Jihad Council, and its political wing is the Loyalty to the Resistance Bloc party in the Lebanese Parliament. After the Israeli invasion of Lebanon in 1982, the idea of Hezbollah arose among Lebanese clerics who had studied in Najaf, and who adopted the model set out by Ayatollah Khomeini after the Iranian Revolution in 1979. After failing to agree on a name for the new organisation, the party's founders adopted the name chosen by Ayatollah Khomeini, Hezbollah. The organization was established as part of an Iranian effort, through funding and the dispatch of a core group of Islamic Revolutionary Guard Corps (pasdaran) instructors, to aggregate a variety of Lebanese Shia groups into a unified organization to resist the ...
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Rafic Hariri
Rafic Bahaa El Deen Al Hariri ( ar, رفيق بهاء الدين الحريري; 1 November 1944 – 14 February 2005) was a Lebanese business tycoon and politician who served as the Prime Minister of Lebanon from 1992 to 1998 and again from 2000 until his resignation on . Hariri headed five cabinets during his tenure. He was widely credited for his role in constructing the Taif Agreement that ended the 15-year Lebanese Civil War. He also played a huge role in reconstructing the Lebanese capital, Beirut. He was the first post-civil war prime minister and the most influential and wealthiest Lebanese politician until his assassination. Hariri was assassinated on 14 February 2005 by a suicide truck bomb in Beirut. Four Hezbollah members were indicted for the assassination and are being tried ''in absentia'' by the Special Tribunal for Lebanon, but others have linked the assassination to the Syrian government. The outcome of a 15-year investigation led to the guilty verdict of ...
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Fortune (magazine)
''Fortune'' is an American multinational corporation, multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time (magazine), Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthu ...
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