German Prosecutors Confirm Probe into Former Lebanon Central Bank Chief

Riad Salameh served as Lebanon's central bank chief from 1993 to 2023. (Reuters)
Riad Salameh served as Lebanon's central bank chief from 1993 to 2023. (Reuters)
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German Prosecutors Confirm Probe into Former Lebanon Central Bank Chief

Riad Salameh served as Lebanon's central bank chief from 1993 to 2023. (Reuters)
Riad Salameh served as Lebanon's central bank chief from 1993 to 2023. (Reuters)

German prosecutors have for the first time confirmed money laundering investigations against the former Lebanese central bank chief, the Munich public prosecutor's office said on Tuesday.

The prosecutors said they were investigating Riad Salameh, Lebanon's central bank chief, from 1993 to 2023, together with his brother Raja and other suspects on charges including forgery, money laundering and embezzlement.

The Salameh brothers deny the charges.

Last year, a source told Reuters Germany had issued an arrest warrant for Salameh on corruption charges.

Salameh, 72, is being investigated in Lebanon and at least five European countries for allegedly taking hundreds of millions of dollars from Lebanon's central bank, to the detriment of the Lebanese state, and laundering the funds abroad.

Munich's public prosecutor's office said part of the sum was routed to Europe via a letterbox company in the British Virgin Islands and invested in real estate, including in Germany.

In an operation with partner authorities from France and Luxembourg, three commercial properties in Munich and Hamburg with a total value of around 28 million euros were confiscated, the prosecutor's office said.

In addition, shares in a Duesseldorf-based property company worth around 7 million euros were secured.

Germany is considered to be one of the main countries worldwide in which illegally earned funds are fed into the economy through money laundering.



Iraq Frustrated by Iran’s Reluctance to Rein in Militias

Iraqi Prime Minister Mohammed Shia al-Sudani has cautioned leaders of the Coordination Framework about the threats facing Iraq due to the escalating conflict between Israel and Iran (X)
Iraqi Prime Minister Mohammed Shia al-Sudani has cautioned leaders of the Coordination Framework about the threats facing Iraq due to the escalating conflict between Israel and Iran (X)
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Iraq Frustrated by Iran’s Reluctance to Rein in Militias

Iraqi Prime Minister Mohammed Shia al-Sudani has cautioned leaders of the Coordination Framework about the threats facing Iraq due to the escalating conflict between Israel and Iran (X)
Iraqi Prime Minister Mohammed Shia al-Sudani has cautioned leaders of the Coordination Framework about the threats facing Iraq due to the escalating conflict between Israel and Iran (X)

A senior government official said Iraqi Prime Minister Mohammed Shia al-Sudani has warned leaders of the Coordination Framework about the “risks to Iraq” from the growing conflict between Israel and Iran.

The official added that Iran is using “deception” when asked to distance its allied militias from the war.

Political and government figures are increasingly worried that Iraq could be hit, after two Israeli soldiers were killed in a drone strike on the Golan Heights early Friday.

Speaking anonymously to Asharq Al-Awsat, the official said al-Sudani is taking steps to keep Iraq out of the conflict.

These efforts include ramping up “political mediation” to persuade militias not to involve Iraq. The prime minister “informed Coordination Framework leaders of the risks” and urged them to “act quickly.”

The official also warned that an attack is still possible, saying intelligence shows the Iraqi militias launched the strike from outside Iraq, using weapons that came from Iraqi territory.

Al-Sudani’s Mediation Efforts

The Iraqi premier has chosen mediators, approved by Iran, to negotiate with militias about the conflict and conditions for de-escalation. These three individuals have previously acted as mediators in past crises.

Last week, Asharq Al-Awsat reported that al-Sudani asked three key Shiite figures to intervene and prevent militias from getting involved in the war between Hezbollah and Israel, after reports surfaced that Israel had identified 35 Iraqi targets.

Sources confirmed that Ammar al-Hakim is among the mediators, along with two other influential Shiite leaders whose names haven’t been disclosed.

However, two Iraqi militias—likely the al-Nujaba Movement led by Akram al-Kaabi and Kataib Hezbollah led by Abu Hussein al-Hamidawi—have refused to cooperate and continue launching rocket attacks on Israel.

The Iraqi official admitted that some militias are “stubborn,” but stressed that al-Sudani knows Iraq is “at the center of the storm.”

He reportedly told leaders of the Coordination Framework, “Iraq cannot avoid a military strike if it happens, so we must stay out of the war to protect the country.”

Iran’s Supreme Leader Ali Khamenei, in a Friday sermon, stated that “Iran’s allies in the region won’t back down,” increasing concerns that Iraqi militias tied to Iran will continue attacking Israel.

Iraqi sources also reported that the Coordination Framework has reviewed an “intelligence report” on dozens of Iraqi targets that Israel might strike or assassinate.

Government Efforts to Prevent Escalation

Al-Sudani has blocked the flow of Iraqi funds into conflict zones, unlike previous leaders, according to the official.

He has worked closely with the US and its Treasury Department to strictly monitor financial movements, often insisting that Iran uses official channels to claim its dues from Iraq.

The official also said global auditing firms are now helping Iraq’s central bank oversee financial transactions, shutting down all previous routes for illicit money flows.

Since the Gaza war began on October 7, 2023, the US told Iraq it pressured Israel not to strike Iraq, as long as Iraq stays out of the conflict, the official added.

The US doesn’t oppose Iraq’s stance of condemning Israel, supporting Lebanon and Palestine, and sending aid.

But it “won’t accept any financial or military support to militias.”

Regarding Iran’s role, the official said Tehran claims militias act independently, dodging responsibility for reining them in.