Lebanese PM: Agreement Needed on New C.bank Chief Before Probe Takes Course

Lebanese PM Najib Mikati. AFP
Lebanese PM Najib Mikati. AFP
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Lebanese PM: Agreement Needed on New C.bank Chief Before Probe Takes Course

Lebanese PM Najib Mikati. AFP
Lebanese PM Najib Mikati. AFP

Lebanese Prime Minister-designate Najib Mikati said on Tuesday a political agreement on a new central bank governor was required before a probe into current head Riad Salameh progresses.

He made his comments shortly after a judicial raid on the Beirut headquarters of Banque du Liban, a move Mikati denounced as inappropriate because the bank dealt with issues related to monetary stability and it could lead to an "ominous shock."

"What is required is that this file be dealt with via prior political agreement on a new governor of the Banque du Liban, and that the case take its appropriate legal course after that," a statement from Mikati's office said, Reuters reported.

Salameh, the central bank governor for about three decades, faces corruption probes in at least five European countries and in Lebanon, which has been plunged into a deep financial crisis that critics blame, in part, on his policies. He has defended his actions and denied wrongdoing, saying the investigations are politically motivated and aim at scapegoating him for the Lebanon's financial problems.

Judge Ghada Aoun charged Salameh in March with illicit enrichment related to a case involving the purchase of Paris apartments by him and his close associates that were subsequently rented to the central bank Salameh heads.

Aoun ordered Tuesday's central bank raid to implement a subpoena against Salameh but was unable to find him, according to statements by Aoun to local news outlets.

A central bank spokesperson told Reuters he had received conflicting information on whether Salameh was at the central bank at the time of the raid and so could not confirm whether he was there or not.



Israel Issues New Evacuation Orders for an Area in North Gaza

A Palestinian woman stands on top of debris in Deir el-balah in the central Gaza Strip, on August 7, 2024. (Photo by Eyad BABA / AFP)
A Palestinian woman stands on top of debris in Deir el-balah in the central Gaza Strip, on August 7, 2024. (Photo by Eyad BABA / AFP)
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Israel Issues New Evacuation Orders for an Area in North Gaza

A Palestinian woman stands on top of debris in Deir el-balah in the central Gaza Strip, on August 7, 2024. (Photo by Eyad BABA / AFP)
A Palestinian woman stands on top of debris in Deir el-balah in the central Gaza Strip, on August 7, 2024. (Photo by Eyad BABA / AFP)

The Israeli military issued new evacuation orders Wednesday for an area in northern Gaza that was heavily bombed at the start of the war some 10 months ago.
The military said it would respond to a Hamas rocket attack from the Beit Hanoun area the day before and urged residents to relocate to Gaza City, large areas of which have been destroyed.
Beit Hanoun, which is close to the border, was one of the first targets of the massive bombardment and ground invasion launched after Hamas’ Oct. 7 attack, which triggered the war.
Israeli forces have repeatedly returned to areas where past air and ground operations caused widespread destruction, as militants have regrouped. The vast majority of Gaza’s 2.3 million people have been displaced within the narrow coastal strip since the start of the war — often multiple times. Hundreds of thousands are sheltering in crowded tent camps.