Lebanon’s largest bank chief Salameh fired with ban | Business and Economic Affairs

Salameh is being investigated in Lebanon and several European countries for alleged misconduct including money laundering.

Beirut, Lebanon – A Lebanese judge lifted a ban on the departure of Banque du Liban Governor Riad Salameh on Tuesday, as the country’s finance minister faced an investigation into economic and domestic economic instability.

“He should be questioned Thursday, based on the available evidence we have,” Judge Ghada Aoun, who is investigating Salameh, told Al Jazeera. “There is some important information that we need to confirm when asking.”

The judge questioned the employees of the central bank today. The ban, first reported by Reuters News Agency, went into effect immediately.

Proponents of her case have been working to make the actual transcript of this statement available online.

Haitham Ezzo, one of the group’s lawyers, told Al Jazeera that Salameh was facing a number of financial charges, including illegal possession of property, embezzlement, embezzlement, and embezzlement.

Ezzo added that lawyers have evidence that Salameh rented a small apartment in the Champs-Élysées in Paris through a large Lebanese bank, at a higher price.

“He personally benefits from this difference,” Ezzo said.

After being declared financially capable, Salameh is being targeted by a large Lebanese public due to the economic downturn that has left the country’s banks in a state of shock and withdrew funds to save a large number of Lebanese people.

Salameh is being investigated several times in Lebanon by four European countries. Switzerland and France last year opened an investigation into alleged money laundering.

Salameh has repeatedly denied having committed any wrongdoing for nearly 30 years as leader of the Banque du Liban. He asserted that his confession had been obtained through torture and that his confession had been obtained through torture.

Tuesday’s travel ban comes as the Lebanese pound continues to roll, losing 15 percent of its value over the past few days. It has lost more than 95 percent of its value since the country plunged into crisis at the end of 2019. Three-thirds of the population lives in poverty, and the government has not met since last October.

Ezzo says his rights group wants the Lebanese courts to step up and suspend all of Salameh’s assets. They have filed a complaint and closed some of its assets in July 2020.