Lebanese Judge Charges Salameh with Illicit Enrichment

Central Bank Governor Riad Salameh. Reuters
Central Bank Governor Riad Salameh. Reuters
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Lebanese Judge Charges Salameh with Illicit Enrichment

Central Bank Governor Riad Salameh. Reuters
Central Bank Governor Riad Salameh. Reuters

A Lebanese judge charged central bank governor Riad Salameh with illicit enrichment on Monday, the judge told Reuters, days after she ordered his brother Raja arrested in the same case.

Judge Ghada Aoun said Riad Salameh, governor for nearly three decades, had not attended a hearing scheduled for Monday, and she had charged him in absentia.

She said the charge related to the purchase and rental of Paris apartments, including some to the central bank, Aoun told Reuters.

But Salameh said that he had ordered an audit which showed that no public funds were a source of his wealth, denying the charge.

"This audit report was submitted to the relevant authorities in Lebanon and abroad," Salameh said in response to a question sent by text message from Reuters.

On Friday, Raja Salameh's lawyer said allegations of illicit enrichment and money laundering against his client were unfounded, calling the evidence "media speculation without any evidence".



Lebanese President Faces Domestic, Foreign Challenges

Newly-elected Lebanese President Joseph Aoun poses for a picture with his family at the presidential palace in Baabda, Lebanon, January 9, 2025. Dalati Nohra/Handout via REUTERS
Newly-elected Lebanese President Joseph Aoun poses for a picture with his family at the presidential palace in Baabda, Lebanon, January 9, 2025. Dalati Nohra/Handout via REUTERS
TT

Lebanese President Faces Domestic, Foreign Challenges

Newly-elected Lebanese President Joseph Aoun poses for a picture with his family at the presidential palace in Baabda, Lebanon, January 9, 2025. Dalati Nohra/Handout via REUTERS
Newly-elected Lebanese President Joseph Aoun poses for a picture with his family at the presidential palace in Baabda, Lebanon, January 9, 2025. Dalati Nohra/Handout via REUTERS

The election of a new president in Lebanon does not mean the country has come out of the economic and political crises which have gutted it for years. Yet Thursday’s vote marks the beginning of a new phase that carries many challenges for the president and the upcoming government.

It is Joseph Aoun’s responsibility now to appoint a prime minister following binding parliamentary consultations and then form the Cabinet together with the PM.

According to observers, Aoun’s term should carry a roadmap to salvage the country, and a clear plan to address crises and domestic and foreign challenges.

However, there is no magic wand to solve Lebanon’s entire crises.

Instead, Aoun needs a unified working team that should draft a clear ministerial statement that reflects the President’s inaugural speech and his pledge of a “new era” for Lebanon.

“The president's speech constitutes a detailed program for governance. However, his program needs a cabinet capable of implementing it,” former Minister Ibrahim Najjar told Asharq Al-Awsat.

Najjar described the new President as an honest, clean and courageous Lebanese man.

“His election must be followed by the formation of a bold cabinet with new faces, capable of working and making achievements,” he said.

“The Lebanese people expect President Aoun to change the quota-based mentality of politicians. They hope his term will help remove old political figures, who are rooted in the Lebanese quagmire,” the former minister noted.

Former MP Fares Souaid told Asharq Al-Awsat that Aoun’s first task is to implement the Constitution and the National Accord document.

“In the early 1990s, the Constitution was no longer being implemented due to the Syrian occupation of Lebanon. In 2005, the Constitution was again ignored because of Iranian arms.”

Therefore, Soueid said, the Lebanese eagerly expect this new era to constitute a real opportunity for the implementation of both documents.

For years, Lebanon has failed to properly implement its Constitution and UN resolutions, mainly because some political parties had considered their implementation as “a target against their so-called resistance.”

“With the election of President Joseph Aoun, Lebanon has opened a blank page that could meet the aspirations of the Lebanese people, and write a new chapter in the country’s history,” Najjar said.

According to Soueid, Aoun has a task to return Lebanon to its Arab identity. “This is slowly beginning to show through the decline of Iranian influence in the region,” he said.

Also, Soueid said, the new President should mend Lebanon’s relations with the international community by implementing all UN resolutions.

Addressing Parliament and Lebanese people with an acceptance speech, Aoun on Thursday vowed that the Lebanese authorities will have the monopoly on arms and will be committed to a strong state that will extend its sovereignty over the entire territory.

“This is in line with UN resolutions, which if implemented, will bring Lebanon back to the Arab and international scene,” Soueid said.