Lebanese Billionaire and Top Bank Accused of Illicit Gains
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A state prosecutor accused former prime minister Najib Mikati -- Lebanon’s richest man -- and the country’s biggest bank of making illicit gains from a subsidized housing program, in the first corruption case filed since anti-government protesters took to the streets a week ago.
The lawmaker, his brother Taha and his son Maher, as well as Bank Audi, are alleged to have illegally benefited from loans subsidized by the central bank to help ordinary families buy their own home, the state-owned National News Agency said.