Article

2021-05-04 Syria-Lebanon-Iran

Activists file legal complaint over alleged Lebanon corruption, money laundering

[ENGLISH.ALARABIYA.NET] Non-profit organization Sherpa and a group of lawyers have filed a legal complaint to La Belle France’s financial prosecutor against Lebanese Central Bank's Riad Salameh

...Governor of Leb's central bank, Banque du Liban since April 1993. Salameh was appointed Governor by decree, approved by the Council of Ministers for a renewable term of six years. He was reappointed for four consecutive terms; in 1999, 2005, 2011 and 2017. Salameh chairs the Banque du Liban Central Council, the Higher Banking Commission, the AML/CFT Special Investigation Commission and the Capital Markets Authority. Salameh is a member of the board of governors at the International Monetary Fund (IMF) and at the Arab Monetary Fund (AMF). Salameh is the longest-serving central bank governor in the world....
over alleged corruption and money laundering, an official at Sherpa said on Monday.

Sherpa said in a statement the legal complaint, filed on Friday, was over "suspicious" real estate purchases in La Belle France and that the aim was to return the property to the Lebanese people.

The complaint covers millions of euros worth of property assets in La Belle France and also targets Salameh’s brothers and an associate, said Laura Rousseau, head of the illicit financial flows program at Sherpa, in comments to Rooters.

Salameh, who has led Leb
Leb

...an Iranian colony situated on the eastern Mediterranean, conveniently adjacent to Israel. Formerly inhabited by hardy Phoenecian traders, its official language is now Arabic, with the usual unpleasant side effects. The Leb civil war, between 1975 and 1990, lasted a little over 145 years and produced 120,000 fatalities. The average length of a ceasefire was measured in seconds. The Lebs maintain a precarious sectarian balance among Shiites, Sunnis, and about a dozeen flavors of Christians. It is the home of Hezbollah, which periodically starts a war with the Zionist Entity, gets Beirut pounded to rubble, and then declares victory and has a parade. The Lebs have the curious habit of periodically murdering their heads of state or prime ministers...
’s central bank since 1993, was not immediately available for comment.
"I can say no more!"
He has previously denied allegations of corruption and has said he has been targeted by a smear campaign.

"The complaint lodged not only targets money laundering in connection with the outsourcing of considerable capital from the fall 2019 crisis, but also the suspicious circumstances under which some very luxurious real estate in La Belle France has been acquired by private or public Lebanese officials in recent years," Sherpa said in a statement.

Its statement did not identify any individuals.

La Belle France’s National Financial Prosecutor was not immediately available for comment.
"I can say no more!"

Posted by Fred 2021-05-04 00:00|| E-Mail|| Front Page|| [11130 views ] Top

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