Lebanese central bank chief denies financial misconduct in court hearing

Xinhua
18 Mar 2023, 07:44 GMT+10

BEIRUT, March 17 (Xinhua) -- Lebanese central bank governor Riad Salameh on Friday maintained his innocence by rejecting accusations of transferring public funds exceeding 300 million U.S. dollars to Swiss accounts via a company owned by his brother, the National News Agency reported.

A statement released by Salameh on Friday following a court hearing noted that he had submitted documents to the judiciary in Lebanon and abroad with a detailed explanation.

He said that the documents prove that no money from the central bank had entered the account of Forry Associates, his brother's company.

The 72-year-old, who has been running the bank for three decades, is one of the top Lebanese figures accused of causing the country's unprecedented financial crisis.

The governor, who is being investigated in Lebanon and several European countries, has denied the multiple charges against him involving money laundering, illicit enrichment, and others.

Salameh attended court hearings on Thursday and Friday, during which he was questioned by a Lebanese judge in the presence of European investigators.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.

More Information

22 ℃

Fair in Doha

Muslim

Section

UN: Pakistan Mission flooded with calls for protection of Christians

New York [US], March 23 (ANI): With the increasing number of attacks on Christians in Pakistan, various Christian organizations in ...

SC to form Constitution Bench on pleas against Nikah-Halala, polygamy

New Delhi [India], March 23 (ANI): The Supreme Court on Thursday said it will form a Constitution Bench to conduct ...

High time for Pakistan to rethink its Afghan policy

Islamabad [Pakistan], March 23 (ANI): Recently, a high-level Pakistani delegation comprising Defence Minister, DG ISI, and Foreign Secretary visited Kabul ...

US Officials Welcome Start of Ramadan

U.S. President Joe Biden and first lady Jill Biden said Wednesday the United States "reaffirms our support to Muslim communities ...

Malaysian Muslim Youth Representatives visit Dalai Lama, discuss issues of religious harmony

Dharamshala (Himachal Pradesh) [India], March 23 (ANI): Representatives from the Muslim Youth Movement of Malaysia (ABIM) visited the 14th Dalai ...

Umesh Pal murder case: UP Police announces Rs 5 lakh reward against accused Guddu Muslim

Prayagraj (Uttar Pradesh) [India], March 23 (ANI): Uttar Pradesh Police on Wednesday announced a reward of Rs 5 lakh against ...

Middle East

Section