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Lebanese Justice Ministry Accuses Former C.bank Chief Salameh of Financial Crimes

A protest in support of the arrest of former Central Bank Governor Riad Salameh outside the Palace of Justice in Beirut (EPA)
A protest in support of the arrest of former Central Bank Governor Riad Salameh outside the Palace of Justice in Beirut (EPA)
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Lebanese Justice Ministry Accuses Former C.bank Chief Salameh of Financial Crimes

A protest in support of the arrest of former Central Bank Governor Riad Salameh outside the Palace of Justice in Beirut (EPA)
A protest in support of the arrest of former Central Bank Governor Riad Salameh outside the Palace of Justice in Beirut (EPA)

Lebanon's justice ministry formally accused former central bank governor Riad Salameh on Thursday of financial crimes, the state news agency reported.
Salameh, 73, was arrested on Tuesday over alleged financial crimes including illicit enrichment through public funds.

According to Reuters, he has long denied all accusations of wrongdoing.
He will remain in detention at least until a hearing is scheduled, probably next week, two judicial sources told Reuters on Wednesday.

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Arab World

Algerians to Vote as Incumbent Tebboune Poised for Easy Victory

(FILES) Algeria's President Abdelmadjid Tebboune is pictured at the Borgo Egnazia resort during the G7 Summit in Savelletri near Bari in Italy on June 14, 2024. (Photo by Ludovic MARIN / AFP)
(FILES) Algeria's President Abdelmadjid Tebboune is pictured at the Borgo Egnazia resort during the G7 Summit in Savelletri near Bari in Italy on June 14, 2024. (Photo by Ludovic MARIN / AFP)
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Algerians to Vote as Incumbent Tebboune Poised for Easy Victory

(FILES) Algeria's President Abdelmadjid Tebboune is pictured at the Borgo Egnazia resort during the G7 Summit in Savelletri near Bari in Italy on June 14, 2024. (Photo by Ludovic MARIN / AFP)
(FILES) Algeria's President Abdelmadjid Tebboune is pictured at the Borgo Egnazia resort during the G7 Summit in Savelletri near Bari in Italy on June 14, 2024. (Photo by Ludovic MARIN / AFP)

Around 24 million Algerians are poised to head to the polls on Saturday for a vote in which experts say incumbent President Abdelmadjid Tebboune faces no real risk to his rule as he seeks a second term.
His main challenge, though, is achieving a higher turnout than in 2019, when he was declared president with 58 percent of the vote but with a record abstention rate of over 60 percent.
"The President is keen to have a significant turnout," Hasni Abidi, an Algeria analyst at the Geneva-based CERMAM Study Center, told AFP. "It's his main issue."
Abidi said Tebboune "has not forgotten that he was elected in 2019 with a low turnout. He wants to be a normal president and not a badly elected one", he said, referring to Tebboune's election five years ago amid the massive Hirak pro-democracy protests.
Tebboune, 78, is the clear favorite to see off moderate Abdelaali Hassani and socialist candidate Youssef Aouchiche in the race to lead the country of some 45 million people and Africa's largest exporter of natural gas.
Although he has distanced himself from political parties and is presented as an independent candidate, Tebboune's bid is backed by major political parties, including the historic FLN, which led Algeria's independence fight against France.
Hassani, a 57-year-old civil engineer, is the leader of the Movement of Society for Peace (MSP), Algeria's main party.
Aouchiche, a 41-year-old former journalist and parliamentarian, heads the Socialist Forces Front (FFS), Algeria's oldest opposition party with a historic stronghold in the Berber-majority Kabylie region. The FFS has boycotted elections in Algeria since 1999.
Voting abroad
Polling stations abroad opened on Monday, with over 800,000 Algerians set to cast their ballots overseas. Mobile stations meant to collect votes in Algeria's remote areas began their work on Wednesday.
Campaigning took place at the height of a searing hot summer, which drove down attendances.
Every candidate has courted the youth vote, with young people making up over half the population, offering promises on social and economic issues to improve purchasing power and make the economy less dependent on hydrocarbons.
Fossil fuel exports account for about 95 percent of the North African country's hard currency revenues.
Tebboune, however, says he has already succeeded in rectifying the country's past wrongs and putting Algeria -- currently Africa's third-largest economy -- back on track.
Such achievements, he says, have come despite "a war against Covid-19 and corruption".
On foreign policy, there appeared to be a consensus among the candidates on issues relating to Palestinians and Western Sahara, the disputed territory which Morocco -- Algeria's regional rival and neighbor -- claims as its own but whose independence Algiers backs.
More freedoms
Tebboune's two challengers have vowed to grant more freedoms.
Aouchiche says he is committed "to release prisoners of conscience through an amnesty and to review unjust laws", including on media and terrorism.
Hassani has advocated for "freedoms that have been reduced to nothing in recent years".