Lebanese-American business tycoon Roger Tamraz and several of his former associates were charged with embezzlement on Monday, reported the Daily Star newsaper.
The charges were brought by an official from the now-defunct Al Mashrek Bank.
The head of the bank’s liquidation committee, Nasser Khalil, accused Tamraz, former bank official Antoine Saliba, and several other unidentified bank employees of embezzling funds, said the paper.
Chief investigating magistrate Hatem Madi is studying the case but has not yet set a date for the beginning of the investigation. Tamraz is also sought by authorities in connection with another $200 million embezzlement case, the paper added.
He has already been sentenced for doing business with Israelis and entering the Jewish state, the Daily Star added – Albawaba.com
