|
Walid Jumblatt, the influential leader of the Druse sect who heads an 11-member bloc in Parliament, said this week he was supporting Hezbollah and Syria. He is believed to have secured for Hezbollah the votes of at least seven lawmakers from his bloc, which would bring the militant group only one seat short of majority to govern on its own. The Hezbollah leader said Sunday the group and its allies will seek to form a new unity government with their rivals in Lebanon's Western-backed political bloc if the candidate they are backing is chosen to be prime minister. A Harvard graduate, Mikati is seen as a relatively neutral figure who enjoys good relations with Syrian President Bashar Assad and also with the pro-Western Hariri, who himself is seeking to keep the post. Mikati, whose wealth is estimated at $2.5 billion is on the Forbes list of world billionaires. In the 1980s, during Lebanon's civil war, he founded telecom company Investcom with his elder brother, Taha. They sold the company to South Africa's MTN Group for $5.5 billion in 2006. The Mikati brothers now run M1 Group, a multibillion dollar holding company with interests in telecom, oil and gas and real estate among other things. Last year, M1 bought a 13.95 percent stake in Bank Audi, Lebanon largest bank, for $450 million.
[Associated
Press;
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor