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Abdul Majeed Shoman

Chairman of Arab Bank Limited in Amman who communicated with FIDCO regarding a multi-billion-dollar fund to reconstruct Lebanon, connecting Middle Eastern finance to the PROMIS network.

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Abdul Majeed Shoman was the Chairman and General Manager of Arab Bank Limited in Amman, Jordan. He wrote a letter to George K. Pender of FIDCO on November 23, 1983, stating that Arab Bank, along with a group of other banks, would be glad to cooperate concerning a fund to reconstruct Lebanon. Shoman confirmed that there would be "no problem to take care of" a financial transaction amounting to "US$ three billion or more," provided the condition in Lebanon was clear and subject to the approval and counter guarantees of the Lebanese Authority.1

  1. Seymour, Cheri. The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal. First Edition. TrineDay, 2010.

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