1 Day
Source:
الشرق الأوسط
Lebanese Central Bank freezes assets of 11 individuals
The Special Investigation Committee at Banque du Liban issued a decision to freeze the accounts and assets of 11 individuals and two companies, including former Banque du Liban Governor Riad Salameh and his brother Raja Salameh. This action is related to investigatory and financial files tied to his period in office. The purpose of the decision is to recover stolen, misappropriated, or illegally used funds. It includes suspicions of embezzlement of approximately $70 million from the company "V Investment" and financial transactions that took place during Salameh's tenure. This measure comes as part of Banque du Liban's efforts to combat money laundering and to recover funds for the benefit of depositors, with authorities emphasizing their continued pursuit of legal action against those who violate financial disclosure laws and their commitment to achieving financial justice.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)