Ghosn’s Appearance Before Lebanese Judiciary Awaits Interpol’s Response to Legal Loophole

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, September 15, 2017. REUTERS/Philippe Wojazer/File Photo
Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, September 15, 2017. REUTERS/Philippe Wojazer/File Photo
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Ghosn’s Appearance Before Lebanese Judiciary Awaits Interpol’s Response to Legal Loophole

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, September 15, 2017. REUTERS/Philippe Wojazer/File Photo
Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, September 15, 2017. REUTERS/Philippe Wojazer/File Photo

Carlos Ghosn managed to disable a device that was attached to his wrist when he was allowed to leave his home, Asharq Al-Awsat learned from a diplomatic report received in Beirut.

The report pointed out that the investigation team was surprised how Ghosn was able to escape despite tight control by the Japanese security forces, who were constantly monitoring his movements through devices installed around his house. The report indicated that the officers, who were responsible for his security, were still under arrest.

As for Japan’s contact with the Interpol, a loophole in the letter sent by Japan to Lebanon required a correction. Interpol Lyon in France – the headquarters of the organization’s general secretariat - was asked to correct the loophole.

Sources said that his appearance before the Lebanese Judiciary was awaiting INTERPOL’s response to correct the gap in the letter. Then, he would be summoned by the public prosecutor who will investigate the charge against him, according to the sources.

It should be noted that the Lebanese judiciary can interrogate Ghosn without arresting him, because an arrest can only take place in case of charges of a crime or drugs, which does not apply to Ghosn, according to judicial sources who spoke to Asharq Al-Awsat.

The sources added that as a result of the investigations with Ghosn, State Prosecutor Ghassan Oueidat will submit the final report to Justice Minister Albert Sarhan, who will look at it and makes a decision to proceed with his trial in Beirut because there is no extradition agreement with Tokyo; therefore, Ghosn will be referred to the competent court in the light of the results of the investigation.

A diplomatic source said that Japan has also asked Turkey to investigate with the crew of the private jet that took Ghosn to Beirut on Monday morning.

The source pointed out that the meeting of the new ambassador of Japan to Lebanon with Minister of State for Presidential Affairs Salim Jreissati focused on the importance of Beirut’s cooperation, even if there was no extradition agreement between the two sides.



Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
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Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo

Lebanon's central bank has banned banks and brokerages from dealing with a Hezbollah-affiliated financial institution, according to a circular, a sign of the group's diminished sway over state affairs since its devastating war with Israel.

Keeping up military pressure on the Iran-backed group, Israel on Tuesday launched some of its heaviest airstrikes since a ceasefire in November, saying it hit training camps and weapons depots in east Lebanon. A security source in Lebanon said 12 people were killed, five of them Hezbollah fighters, Reuters reported.

Hezbollah has faced mounting pressures since the war, including financial ones.

In the circular, dated July 14 and reviewed by Reuters, Banque du Liban prohibited all licensed financial institutions in Lebanon from dealing directly or indirectly with unlicensed entities and listed Hezbollah's Al-Qard Al-Hassan as an example.

The US Department of Treasury imposed sanctions on Al-Qard Al-Hassan in 2007, saying Hezbollah used it as a cover to manage "financial activities and gain access to the international financial system".

Bolstered by its powerful arsenal, Hezbollah had long exercised decisive influence over Lebanese state affairs, but it was unable to impose its will in the formation of a post-war government in February.

Al-Qard Al-Hassan, founded in 1983, describes itself as a charitable organisation which provides loans to people according to Islamic principles that forbid interest. Israel struck some of its branches during its war with Hezbollah last year.

Operating as a not-for-profit organisation under a licence granted by the Lebanese government, it has more than 30 branches, mostly in southern Lebanon and the Bekaa Valley.

SHADOW ECONOMY

A Lebanese official said the central bank move had been in the works for months, and reflected US pressure on Lebanon to take action against Hezbollah's financial wing.

Nassib Ghobril, chief economist at Byblos Bank, said Lebanese banks were already careful to avoid dealing with Al-Qard Al-Hassan because it is under US sanctions.

"The important point is that finally the authorities are addressing the shadow economy in Lebanon, which is the real problem," he said, adding that authorities had long failed to address its "toxic effects".

In June, the European Commission included Lebanon in an updated list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism.

Last year, global financial crime watchdog FATF placed Lebanon on its "grey list" of countries under special scrutiny.