Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al-Dali to Al Mayadeen: The presence of resistance leaders at the negotiations and the signing of the agreement, after "Israel" attempted to assassinate them in Qatar, is a humiliation for the occupation.
Al-Dali to Al Mayadeen: The agreement will be signed in the presence of Resistance leaders, led by Hamas, with senior official Khalil al-Hayya set to sign the agreement.
Trump to Fox News: I believe Iran is going to be involved in the peace situation.
Trump: Gaza will be rebuilt.
Al Mayadeen's correspondent: The occupation forces continue their violations, and warplanes are entering Gazan airspace at this moment.
Al Mayadeen's correspondent: The fate of thousands of civilians and journalists remains unknown.
Al Mayadeen's correspondent: The occupation forces continue bombing various areas of the Gaza Strip.
Hamas: We renew our pledge to our brave prisoners and their families that they will remain at the heart of our priorities, and we will not rest until the last prisoner enjoys freedom.
Hamas: We are awaiting the final approval of the names ahead of announcing them through the Prisoners’ Media Office.
Hamas: We affirm that we have submitted the lists of Palestinian prisoners according to the agreed-upon criteria within the framework of the agreement.

EU freezes 120 million euros in Lebanese laundering probe

  • By Al Mayadeen Net
  • Source: Agencies
  • 28 Mar 2022 17:41
  • 5 Shares
2 Min Read

The EU's Eurojust agency has seized 120 million euros in an investigation into money laundering committed by Lebanese officials, a country that has been suffering a stifling economic crisis for years.

  • x
  • Lebanon's Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon
    Lebanon's Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon

France, Germany, and Luxembourg have seized properties and frozen assets worth some 120 million euros in an operation linked to money laundering in Lebanon, Eurojust, the EU's justice agency said Monday.

The judicial body said five properties in Germany and France had been seized, and several bank accounts were frozen.

The Hague-based agency announced that the operation took place on Friday, adding that it was conducted against five suspects on suspicion of embezzling funds in Lebanon, estimating that the funds they took amounted to more than $330 million between 2002 and 2021.

Lebanon, whose economic crisis the World Bank said might rank among the top 10 worst economic crises in the world since the mid-nineteenth century, has been undergoing several hikes in food and fuel prices, and its citizens have been heavily bearing the brunt of the crisis.

Most Lebanese citizens currently make about $40 per month, and according to UNICEF, more than 70% of Lebanese families were not able to afford a daily ration of food in 2021.

Related News

Swiss Gaza aid flotilla activists decry 'inhumane detention’

Swiss police use tear gas, water cannons in pro-Gaza flotilla rallies

The operation included the seizure of three properties in Germany, valued at 28 million euros, and other assets that amounted to seven million euros.

Paris seized two properties in the capital, valued at 16 million euros, and a bank account with 2.2 million euros.

The agency also froze around 11 million euros in another bank account, according to its announcement that did not see them providing any details related to the suspects. "They are assumed to be innocent until proven guilty," they argued.

French anti-graft prosecutors had launched an investigation into the personal wealth of Riad Salameh, the governor of the Central Bank of Lebanon, as he was linked to criminal associations and money laundering.

Prosecutors said they were probing Salameh over allegations that he was associated with criminal organizations and money laundering following a similar move taken by Switzerland.

Salameh is closing in on three decades in his position as BDL governor, and his reign in Lebanon has been criticized by many, with former caretaker Prime Minister Hassan Diab holding him responsible for the collapse of the Lebanese currency.

  • Switzerland
  • Europe
  • Riad Salameh
  • Germany
  • France
  • Lebanon
  • Luxembourg
  • European Union

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
The Palestinian resistance and the people of Gaza showed that after combating Israeli aggression for two years, they remain victorious in the face of oppression (Mahdi Rteil/Al Mayadeen English)

Al-Aqsa Flood two years on, a tale of victory

  • Politics
  • 6 Oct 2025

Coverage

All
War on Gaza

Read Next

All
An Israeli armored vehicle moves on a street of a local market during a military raid in the West Bank refugee camp of Balata, Wednesday, October 8, 2025 (AP)
Politics

Israeli settlers kill Palestinian youth near Ramallah amid raids

Russian Foreign Minister Sergey Lavrov speaks during the Moscow format consultations on Afghanistan in Moscow, Russia, Tuesday, Oct. 7, 2025 (AP)
Politics

Iran interested in resuming nuclear talks: Lavrov

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a news conference at the International Monetary Fund (IMF) headquarters in Washington, April 25, 2025 (AP)
Politics

IMF head flags US budget, Europe Defense spending challenges

Prime Minister of Italy Giorgia Meloni addresses the 80th session of the United Nations General Assembly, Wednesday, Sept. 24, 2025, at UN headquarters (AP)
Politics

Meloni faces ICC complaint over Gaza genocide complicity with Israelis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS