Lebanon’s Salameh to Remain in Detention until Hearing Is Scheduled, Sources Say

Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
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Lebanon’s Salameh to Remain in Detention until Hearing Is Scheduled, Sources Say

Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)

Former Lebanese central bank chief Riad Salameh, who was arrested on Tuesday over alleged financial crimes, will remain in detention at least until a hearing is scheduled, likely next week, two judicial sources told Reuters on Wednesday.

After the hearing, the presiding judge can decide whether to keep Salameh in detention, the sources said, adding that no decision had yet been taken. One of them said the judge was expected to schedule a hearing for early next week.

Reuters could not immediately reach a lawyer for Salameh.

Salameh, 73, was the bank governor for 30 years but his final years were marred by the collapse of Lebanon's financial system along with charges of financial crimes, including illicit enrichment through public funds, by authorities in Lebanon and several Western countries.

The state-owned National News Agency said prosecutor Ali Ibrahim, to whom the case was referred by public prosecutor Jamal al-Hajjar on Wednesday, charged Salameh with "embezzlement, theft of public funds, forgery, and illicit enrichment", before referring the case to investigating judge Bilal Halawi, who will set the date for the hearing.

Two judicial sources told Reuters on Tuesday that Salameh had been held on charges of accruing more than $110 million via financial crimes involving Optimum Invest, a Lebanese firm that offers income brokerage services.

The authorities have not published the charges against him.

Neither Salameh nor his lawyer responded to requests for comment on Tuesday. Salameh has previously denied all accusations of financial crimes.

Tuesday's charges are separate from previous charges of financial crimes linked to Forry Associates, a company controlled by Salameh's brother, Raja. The brothers - who deny any wrongdoing - were accused of using Forry to divert $330 million in public funds through commissions.



Arab League: Gaza ‘Is Not for Sale’

Abu Al-Gheit during the meeting of the Economic and Social Council (Arab League)
Abu Al-Gheit during the meeting of the Economic and Social Council (Arab League)
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Arab League: Gaza ‘Is Not for Sale’

Abu Al-Gheit during the meeting of the Economic and Social Council (Arab League)
Abu Al-Gheit during the meeting of the Economic and Social Council (Arab League)

The Arab League has reiterated its firm opposition to any attempts to displace Palestinians. Secretary-General Ahmed Aboul Gheit declared on Thursday that Gaza “is not for sale” and called for an “emergency relief plan” to support the Palestinian people.

Speaking at the opening session of the 115th ministerial meeting of the Economic and Social Council at the Arab League headquarters in Cairo, Aboul Gheit emphasized the fast-moving developments in the Arab region.

He condemned Israel’s ongoing expansionist policies in the West Bank and the repositioning of its military forces, as well as rising calls from Israeli and American voices advocating for the forced displacement of Palestinians.

He reaffirmed the Arab League’s unwavering stance, rejecting any attempts to remove Palestinians from their land under any pretext.

The Arab official also warned that such actions constitute a clear violation of international law, an infringement on Palestinian rights, and a direct threat to the Palestinian cause, which he described as “the central issue of the Arab world.”

“Gaza is not for sale,” Aboul Gheit stated. “For Palestinians and Arab nations alike, it is an inseparable part of the future Palestinian state based on the 1967 borders, alongside the West Bank, with no separation between them, in line with the internationally recognized two-state solution.”

Palestinian Minister of Economy Mohammed Al-Amour also said: “Any talk of displacing our people from Gaza or the West Bank is nothing but an illusion that has no place in reality.”

He praised the steadfast Arab position in rejecting any attempts to undermine the Palestinian cause, stating: “Gaza will not break, and Palestine will never surrender.”

Al-Amour also commended Saudi Arabia, Egypt, and Jordan for their firm stance against forced displacement and their support for Palestinian statehood.

“Our people are not excess baggage, nor can they be forcibly removed,” he asserted. “Palestine is neither for sale nor for trade.”

The Economic and Social Council meeting comes amid widespread regional and international condemnation of US President Donald Trump’s proposal to “take control of Gaza” and transform it into what he described as the “Middle East Riviera.”

His plan also suggested that Egypt and Jordan should accept Palestinian refugees from Gaza—an idea that Cairo and Amman have repeatedly rejected, viewing it as an attempt to erase the Palestinian cause.

Regarding the situation in Gaza, Aboul Gheit stressed the need for continued and effective Arab action on all international and regional fronts—politically, economically, and socially—to mitigate the devastating consequences of Israeli crimes.

He stated that Israel’s war, which began in October 2023, has yet to reveal its full toll. “Beyond the human losses, this is the costliest war in every sense. The material devastation is immense, and the psychological scars left on the Arab consciousness will take years to heal,” he said.

Aboul Gheit urged the Economic and Social Council to adopt emergency relief plans to support the Palestinian people. He also called for clear mechanisms to ensure the coordinated and comprehensive implementation of these plans, as well as the effective management of Arab aid efforts.