THE FINAL CHAPTER OF RANA’S CRIMINAL CONSPIRACY JUNE 2003
Immediately after the collapse of the two sister banks (Bank AI-Madina and United Credit Bank) and the complete loss of Dr Adnan savings at AI-Madina Bank amounting to US$ 790 Millions which were stolen by Rana, and the additional loss of US$ 470 millions transferred to the Central Bank, and the loss of all his assets in Lebanon amounting to more than US$ 500 Millions, Dr Adnan was furious and threatened to sue Rana and her family if she wouldn’t give him back his stolen money and compensate his losses.
This is when Rana pulled off the last chapter of her well designed devious plot and criminal conspiracy. By means of deception in which she is an expert, she convinced Dr Adnan that she will return his stolen money and that she has an account in Credit Agricole-Indosuez Switzerland containing more than US$ 4.3 billions and that she is willing to transfer it to him if only he would give her cheques for the balance of her account after deducting what she owed him.
She assigned the alleged bank account to Dr Adnan by means of an official “deed of cession” attested by a public notary. The cheques for the difference were then made by Dr Adnan. Later, after weeks of inquiries, Dr Adnan found out that the alleged Swiss bank account was another scam of hers and that she used some of the cheques obtained from him to payoff some of her debts, by giving one of the cheques (for 310 Million Euro drawn on Arab Bank-Paris) to the Central Bank of Lebanon to make matters worse between Dr Adnan and the Central Bank, and kept the rest of the cheques to blackmail him.
When the cheque for 310 Million Euro was returned unpaid from the Arab Bank Paris for insufficient funds, the Central Bank raised a lawsuit against Dr Adnan and he is now pursuing Dr Adnan in Paris and attempting to seize his assets in France.
In July 2003, The Central bank appointed Mr Andre Bandali as Interim General Manager of the Bank AI Madina and United Credit Bank.