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.



Israel’s Netanyahu Says Will Not Leave Gaza Border Corridor until It Is Secure

02 September 2024, Israel, Jerusalem: Prime Minister of Israel Benjamin Netanyahu speaks during a press conference. Photo: Avi Ohayon/GPO/dpa
02 September 2024, Israel, Jerusalem: Prime Minister of Israel Benjamin Netanyahu speaks during a press conference. Photo: Avi Ohayon/GPO/dpa
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Israel’s Netanyahu Says Will Not Leave Gaza Border Corridor until It Is Secure

02 September 2024, Israel, Jerusalem: Prime Minister of Israel Benjamin Netanyahu speaks during a press conference. Photo: Avi Ohayon/GPO/dpa
02 September 2024, Israel, Jerusalem: Prime Minister of Israel Benjamin Netanyahu speaks during a press conference. Photo: Avi Ohayon/GPO/dpa

Israel will not withdraw its troops from the border area between southern Gaza and Egypt until there is a guarantee that it can never be used as a lifeline for the Hamas movement, Prime Minister Benjamin Netanyahu said on Wednesday.

"Until that happens, we're there," he told a news conference in Jerusalem.

The issue of the Philadelphi corridor has been a major sticking point in efforts to secure a deal to halt the fighting in Gaza and return Israeli hostages held by Hamas. Some 101 hostages are still being held in Gaza.

Netanyahu's stance on the negotiations, which have been continuing for weeks while showing little sign of a breakthrough, has frustrated allies, including the United States, and widened a rift with his own defense minister, Yoav Gallant.

Benny Gantz, a former general and chief of staff who had been part of Netanyahu's war cabinet until he quit in June, said Iran, not the so-called Philadelphi corridor, on the southern edge of the Gaza Strip bordering Egypt, was Israel's main existential threat.

Israel does not need to keep troops in the southern Gazan border area for security reasons and should not be used as a reason to prevent a deal to bring back remaining hostages from the Gaza Strip, he said on Tuesday.

In a news conference in response to comments on Monday by Netanyahu, who held firm in his belief that Israel needed troops in Philadelphi, Gantz said that while the corridor was important to prevent Hamas and other Palestinian militants from smuggling weapons into Gaza, soldiers would be "sitting ducks" and won't stop tunnels.

Responding to Gantz, Netanyahu said in a statement that since Gantz and his party left the government, Israel has eliminated key Hamas and Hezbollah leaders and seized the Philadelphi corridor, "the lifeline by which Hamas arms itself".

"Whoever does not contribute to the victory and the return of the hostages would do well not to interfere," he said.