Lebanon’s Salameh to Remain in Detention until Hearing Is Scheduled, Sources Say

Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
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Lebanon’s Salameh to Remain in Detention until Hearing Is Scheduled, Sources Say

Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)
Riad Salameh Governor of the Lebanese Central Bank speaks during a press conference in Beirut, Lebanon, 11 November 2019. (EPA)

Former Lebanese central bank chief Riad Salameh, who was arrested on Tuesday over alleged financial crimes, will remain in detention at least until a hearing is scheduled, likely next week, two judicial sources told Reuters on Wednesday.

After the hearing, the presiding judge can decide whether to keep Salameh in detention, the sources said, adding that no decision had yet been taken. One of them said the judge was expected to schedule a hearing for early next week.

Reuters could not immediately reach a lawyer for Salameh.

Salameh, 73, was the bank governor for 30 years but his final years were marred by the collapse of Lebanon's financial system along with charges of financial crimes, including illicit enrichment through public funds, by authorities in Lebanon and several Western countries.

The state-owned National News Agency said prosecutor Ali Ibrahim, to whom the case was referred by public prosecutor Jamal al-Hajjar on Wednesday, charged Salameh with "embezzlement, theft of public funds, forgery, and illicit enrichment", before referring the case to investigating judge Bilal Halawi, who will set the date for the hearing.

Two judicial sources told Reuters on Tuesday that Salameh had been held on charges of accruing more than $110 million via financial crimes involving Optimum Invest, a Lebanese firm that offers income brokerage services.

The authorities have not published the charges against him.

Neither Salameh nor his lawyer responded to requests for comment on Tuesday. Salameh has previously denied all accusations of financial crimes.

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



At Least 8 People are Killed When Passenger Train Slams into Minibus in Egypt

Egyptians look at the crash of two trains that collided near the Khorshid station in Egypt's coastal city of Alexandria, Egypt August 11, 2017. REUTERS/Osama Nageb
Egyptians look at the crash of two trains that collided near the Khorshid station in Egypt's coastal city of Alexandria, Egypt August 11, 2017. REUTERS/Osama Nageb
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At Least 8 People are Killed When Passenger Train Slams into Minibus in Egypt

Egyptians look at the crash of two trains that collided near the Khorshid station in Egypt's coastal city of Alexandria, Egypt August 11, 2017. REUTERS/Osama Nageb
Egyptians look at the crash of two trains that collided near the Khorshid station in Egypt's coastal city of Alexandria, Egypt August 11, 2017. REUTERS/Osama Nageb

A train slammed into a minibus that was crossing the tracks in an unauthorized location in norther Egypt on Thursday, killing at least eight people and leaving 12 injured, the government said.

The deadly crash took place in the Suez Canal province of Ismailia, the health ministry said. More than a dozen ambulances were sent to the scene, Reuters reported.

The Egyptian railway authority said the passenger train was on its regular route when the collision occurred. The place where the minibus was crossing the railway tracks is not designated for crossing.

Local Egyptian news outlets said the victims, who included children, were all take to East Qantara Central Hospital. One child was reported to be in critical condition.

Train derailments and crashes are common in Egypt, where an aging railway system has also been plagued by mismanagement. Last October, a locomotive crashed into the tail of a Cairo-bound passenger train in southern Egypt, killing at least one person. In September, two passenger trains collided in a Nile Delta city, killing at least three people.

In recent years, the government has announced initiatives to improve its railways. President Abdel-Fattah el-Sissi said in 2018 that some 250 billion Egyptian pounds, or $8.13 billion, would be needed to properly overhaul the neglected rail network.