Cash laundering and embezzlement. What did the governor of the Banque du Liban inform European investigators about his monetary transfers and his brother’s firm? | Information


Friday, the analyzing Justice of the Peace in Beirut, Charbel Abu Samra, completed listening to the declaration of the governor of the Central Financial institution of Lebanon, Riad Salameh, in regards to the monetary recordsdata, within the presence of European investigators.

Salameh – who has headed the Central Financial institution since 1993 – testified earlier than the investigating decide for 2 days and answered questions posed by a European delegation regarding monetary transfers between Lebanese and European banks.

Riad Salameh and his brother Raja are below investigation in Lebanon and in no less than 5 European nations, suspected of being concerned within the embezzlement of tons of of hundreds of thousands of {dollars} of public funds. Each brothers deny the costs.

The European investigations relate to the connection between the Banque du Liban and the corporate “Fore Associates”, registered within the Virgin Islands and having an workplace in Beirut, and whose financial beneficiary is the brother of the chief, Raja Salameh.

The corporate is believed to have acted as an middleman to purchase Eurobond treasury payments from the Banque du Liban, receiving an underwriting fee which was transferred to Salameh's accounts overseas.

Salameh stated his presence on the inquest earlier than the decide in Beirut was as a listener, not as a suspect or accused.

defend the accused

He added that every one the proof he offered confirmed that the monetary transfers he made outdoors Lebanon got here from his private account and never from the Banque du Liban account.

Salameh additionally confirmed that commissions paid to the Fawry firm, owned by his brother Raja, weren't paid from Banque du Liban accounts, however relatively from different events.

Salameh stated in an announcement, “In the course of the session, I confirmed the proof and paperwork that I had submitted to justice in Lebanon and overseas, with a exact rationalization thereof.”

He added: “It seems from these statements that my private account on the Banque du Liban is just not linked to the accounts through which the funds belonging to the financial institution are deposited, and no funds from the Banque du Liban have been transferred. On my account”.

And on Wednesday, the Lebanese state, represented by Decide Helena Iskandar, head of the Enterprise Authority on the Ministry of Justice, accused the governor of the Banque du Liban, Riad Salameh, his brother Raja and his assistant, Marianne Howayek. , crimes of corruption, forgery, use of counterfeits, cash laundering, unlawful enrichment and tax evasion, and demanded their arrest and seizure of their property.

Salameh spoke out in opposition to what he referred to as “dangerous religion and thirst for prosecution” in opposition to him greater than two years in the past, submitting complaints in opposition to him in Lebanon and overseas.

Salama continuously denies the costs in opposition to him, believing that his prosecution is a part of a political-media operation aimed toward “tarnishing” his picture, and confirms that he has amassed his fortune from his earlier work for twenty years throughout the worldwide monetary establishment “Merrill”. Lynch”, and investments in a number of areas.



What do you think?

Written by viral Techno

Viral techno is a Website Give a regularly updated Tech And News, And We're sharing tips and tricks…
And Free Users And Members Can Share Quizzes, Polls, Stories, Memes, Trivia quiz, Personality quiz, Versus, External Products, Embeds, list, Hot or Not poll, Also a free downloadable stuff +More Stuff.


Leave a Reply

Your email address will not be published. Required fields are marked *

      The AI ​​arms race kicked into excessive gear this week

      Reconciliation between Iran and Saudi Arabia… What in regards to the Iranian rial and the prospects for financial cooperation between the 2 nations? | Financial system