ANOTHER PILLAR of the Waked family business conglomerate has fallen with the announcement that the chain of Hometek stores, dedicated to the sale of audio and video products and  appliances, has closed its doors.

The news was announced by the Consumer Protection Authority ACDECO on Thursday July 21.

Hometek was included on the list of businesses connected to Abdul Waked and his nephew Nidal, included on the "Clinton list" for activities linked to money laundering and drug trafficking.

The inclusion on the list prohibits any U.S. entities from engaging in business with Hometek.

The authority informed consumers that any complaint against Hometek should be submitted to its offices.