Al-Madina Bank (Arabic: بنك المدينة) was a Lebanese bank that was seized by the Banque du Liban and closed completely in 2003[1][2] because of its mysterious case of suspicion in money laundering, corruption and fraud.
[3][2] The main figure in the scandal was Rana Koleilat,[4] but also Adnan Abu Ayyash, the bank owner, and his brother Ibrahim.
[5][6][7] As many as 135 people may have been involved in the corruption case,[8] included political, military, financial and legal figures.
[10] Adnan Abu Ayyash bought the bank in 1986,[3] and was its main shareholder, along with his brother Ibrahim.
[14] Reports have said that the amount missing money from Al-Madina and its subsidiary United Credit Bank (UCB) could total as much as euro 1.0 billion.