Lebanon: Mikati Proposes Inviting Central Bank Governor to Cabinet Meeting

Lebanon's Central Bank governor Riad Salameh - File/Reuters.
Lebanon's Central Bank governor Riad Salameh - File/Reuters.
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Lebanon: Mikati Proposes Inviting Central Bank Governor to Cabinet Meeting

Lebanon's Central Bank governor Riad Salameh - File/Reuters.
Lebanon's Central Bank governor Riad Salameh - File/Reuters.

Lebanese Prime Minister Najib Mikati proposed on Wednesday inviting central bank governor Riad Salameh to a forthcoming Cabinet meeting, the information minister said, an apparent show of support after Salameh was charged with illicit enrichment.

Salameh has denied the charge brought against him by a Lebanese judge on Monday. It was the first charge to be brought against the governor, whose wealth is also being probed by authorities in at least five European countries.

Information Minister Ziad al-Makary said Mikati had proposed during Wednesday's Cabinet session to invite Salameh "after lots of discussion about the matter of the relationship with the banks."

According to Reuters, it was an apparent reference to a standoff between Lebanese banks and members of the judiciary who have frozen the assets of seven lenders this month. Banks went on strike earlier this week in protest at the judicial orders.

No date had been set for Salameh to attend a cabinet meeting, Makary said.

Denying the charge against him, Salameh said on Monday he had ordered an audit, which showed public funds were not a source of his wealth.

His tenure has faced increased scrutiny since the financial system imploded in 2019, the most destabilizing crisis since Lebanon’s 1975-90 civil war.

Judge Ghada Aoun charged Salameh in absentia.

Last week, Aoun charged his brother Raja Salameh in the same case and ordered him arrested, and he has since been in detention. Raja Salameh’s lawyer has said allegations of illicit enrichment and money laundering against his client were unfounded.

Riad Salameh faces other investigations, including a Swiss inquiry over alleged aggravated money laundering at the central bank involving $300 million in gains by a company owned by Raja Salameh.

Aoun's critics accuse her of acting in line with the political agenda of President Michel Aoun, who appointed her as a prosecutor and whose Free Patriotic Movement wants Salameh removed from his post. Aoun says she is applying the law.

Riad Salameh has described accusations against him as politically motivated.



Italy Plans to Return Ambassador to Syria to Reflect New Diplomatic Developments, Minister Says

Italy's Foreign Minister Antonio Tajani speaks while meeting with members of the G7, on July 11, 2024, during the NATO summit in Washington. (AP)
Italy's Foreign Minister Antonio Tajani speaks while meeting with members of the G7, on July 11, 2024, during the NATO summit in Washington. (AP)
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Italy Plans to Return Ambassador to Syria to Reflect New Diplomatic Developments, Minister Says

Italy's Foreign Minister Antonio Tajani speaks while meeting with members of the G7, on July 11, 2024, during the NATO summit in Washington. (AP)
Italy's Foreign Minister Antonio Tajani speaks while meeting with members of the G7, on July 11, 2024, during the NATO summit in Washington. (AP)

Italy plans to send an ambassador back to Syria after a decade-long absence, the country’s foreign minister said, in a diplomatic move that could spark divisions among European Union allies.

Foreign Minister Antonio Tajani, speaking in front of relevant parliamentary committees Thursday, announced Rome’s intention to re-establish diplomatic ties with Syria to prevent Russia from monopolizing diplomatic efforts in the Middle Eastern country.

Moscow is considered a key supporter of Syrian President Bashar Assad, who has remained in power despite widespread Western isolation and civilian casualties since the start of Syria’s civil war in March 2011.

Peaceful protests against the Assad government — part of the so-called “Arab Spring” popular uprisings that spread across some of the Middle East — were met by a brutal crackdown, and the uprising quickly spiraled into a full-blown civil war.

The conflict was further complicated by the intervention of foreign forces on all sides and a rising militancy, first by al-Qaida-linked groups and then the ISIS group until its defeat on the battlefield in 2019.

The war, which has killed nearly half a million people and displaced half the country’s pre-war population of 23 million, is now largely frozen, despite ongoing low-level fighting.

The country is effectively carved up into areas controlled by the Damascus-based government of Assad, various opposition groups and Syrian Kurdish forces.

In the early days of the conflict, many Western and Arab countries cut off relations with Syria, including Italy, which has since managed Syria-related diplomacy through its embassy in Beirut.

However, since Assad has regained control over most of the territory, neighboring Arab countries have gradually restored relations, with the most symbolically significant move coming last year when Syria was re-admitted to the Arab League.

Tajani said Thursday the EU’s policy in Syria should be adapted to the “development of the situation,” adding that Italy has received support from Austria, Croatia, Greece, the Czech Republic, Slovenia, Cyprus and Slovakia.

However, the US and allied countries in Europe have largely continued to hold firm in their stance against Assad’s government, due to concerns over human rights violations.