Lebanon's Ex-central Bank Chief to Remain Detained Amid Probe

Lebanese army and police officers stand near what is believed to be a convoy of former Central Bank Governor Riad Salameh at the Justice Palace in Beirut, Lebanon September 9, 2024. REUTERS/Mohamed Azakir
Lebanese army and police officers stand near what is believed to be a convoy of former Central Bank Governor Riad Salameh at the Justice Palace in Beirut, Lebanon September 9, 2024. REUTERS/Mohamed Azakir
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Lebanon's Ex-central Bank Chief to Remain Detained Amid Probe

Lebanese army and police officers stand near what is believed to be a convoy of former Central Bank Governor Riad Salameh at the Justice Palace in Beirut, Lebanon September 9, 2024. REUTERS/Mohamed Azakir
Lebanese army and police officers stand near what is believed to be a convoy of former Central Bank Governor Riad Salameh at the Justice Palace in Beirut, Lebanon September 9, 2024. REUTERS/Mohamed Azakir

A judge ordered Lebanon's former central bank chief Riad Salameh to remain in detention amid a probe into alleged financial crimes committed during his tenure, including embezzlement of public funds, three judicial sources said.

Investigative judge Bilal Halawi took the decision after questioning Salameh for the first time since he was taken into custody last week on charges that state media said included embezzlement, forgery and illicit enrichment.

Halawi set another hearing for Thursday, one of the sources said.
Salameh's media office has said he would not comment publicly on the case, in line with the law. It said in a statement he had cooperated in the past with more than 20 criminal probes in Beirut and Mount Lebanon, and was cooperating with the investigation after his detention.

Salameh has denied previous corruption charges.

If the prosecution continues, it would mark a rare case of a serving or retired senior Lebanese official facing accountability in a system which critics say has long shielded the elite.
A group of protesters shouted "Thief!" as a convoy they believed was transporting Salameh entered the justice ministry building. Some of them struck one of the vehicles with their hands.

Judicial sources told Reuters last week Salameh was suspected of accruing more than $110 million via financial crimes involving Optimum Invest, a Lebanese firm that offers income brokerage services.

Optimum Invest has said it was assisting the judicial authorities in their investigation and providing them with all requested information, and that its dealings with the central bank were conducted in full compliance with the law.

The Lebanese authorities have not published the charges.

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

Several European countries including France and Germany have been investigating whether tens of millions of dollars of the funds allegedly embezzled from the central bank were laundered in Europe.

Last year, French and German authorities issued warrants for his arrest. The Munich prosecutor's office said in June that German authorities have cancelled their arrest warrant for technical reasons but were continuing their probe and keeping Salameh's assets frozen. 
 



Gantz Says Israeli Military Focus Needs to Shift to Lebanon

Former war cabinet member Benny Gantz. Reuters
Former war cabinet member Benny Gantz. Reuters
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Gantz Says Israeli Military Focus Needs to Shift to Lebanon

Former war cabinet member Benny Gantz. Reuters
Former war cabinet member Benny Gantz. Reuters

Former war cabinet member Benny Gantz on Sunday said Israel should shift its focus toward Hezbollah and the Lebanese border, warning that "we are late on this."

"We have enough forces to deal with Gaza and we should concentrate on what is going on in the north," Gantz said, speaking in Washington at a Middle East forum where he also said Iran and its proxies were "the real issue."

"The time of the north has come and actually I think we are late on this," the former army chief and centrist politician added.

According to Agence France Presse, Gantz said Israel had made a mistake in evacuating much of the north of the country as hostilities with Hezbollah flared following the October 7 Hamas attack that triggered the Gaza war.

"In Gaza, we have crossed a decisive point of the campaign," he said. "We can conduct anything we want in Gaza."

"We should seek to have a deal to get out our hostages but if we cannot in the coming time, a few days or few weeks, or whatever it is, we should go up north."

"We are capable of... hitting the state of Lebanon if needed," he said.

"The story of Hamas is old news," he added, saying instead that "the story of Iran and its proxies all around the area and what they are trying to do is the real issue."