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Sheikh Qassem: We, our allies, the honorable in our nation, our people, and our army will never accept being subservient to the US or 'Israel'
Sheikh Qassem: They must despair, for whatever they do, this people cannot be defeated or broken, and we shall neither fall nor yield
Sheikh Qassem: Threats neither advance nor delay matters, yet the possibility of war or its absence exists because 'Israel' and the US are weighing their options
Sheikh Qassem: All these threats are simply a form of political pressure after a whole year of efforts proved ineffective
Sheikh Qassem: 'Israel's' 'servants' in Lebanon are few, but they cause problems by obstructing the country’s stability, growth, and liberation alongside the US and 'Israel'
Sheikh Qassem: Weapons block 'Israel’s' project, and anyone seeking disarmament plays into 'Israel’s' hands
Sheikh Qassem: The agreement came because we held fast, empowered by our vision, our faith, our will, our people, our patriotism, and our unwavering attachment to our land
Sheikh Qassem: People of Might Battle was a confrontation by a modest force, incomparable to the enemy's strength, but it was noble in spirit, brimming with courage, resolve, and unwavering faith in victory
Sheikh Qassem: Today, Lebanon is under an Israeli aerial occupation
Sheikh Qassem: The project of "Israel" came crashing into the defenses of the People of Might Battle

Luxembourg Opens Criminal Case on CBL Governor Riad Salameh

  • By Al Mayadeen
  • Source: Agencies
  • 15 Nov 2021 16:44
2 Min Read

Luxembourg's judicial authorities open a criminal inquiry into Lebanon's Central Bank Governor following a series of previous investigations and cases in France and Switzerland.

  • x
  • The Governor of Lebanon's Central Bank, Riad Salameh
    The Governor of Lebanon's Central Bank, Riad Salameh

Luxembourg judicial authorities announced on Monday that they have opened a criminal inquiry in relation to Lebanese Central Bank Governor Riad Salameh and his companies and assets, according to a judicial spokesperson.

A spokesperson for Lebanon's central bank however said the governor was not notified of any case against him in Luxembourg, declining to comment any further.

Salameh is already under at least two European investigations, including a Swiss inquiry opened in January over alleged "aggravated money laundering" at the Central Bank involving $300 million in gains by a company owned by Salameh's brother.

Moreover, French prosecutors opened a preliminary investigation into money laundering allegations against Salameh in late May. Salameh's lawyer however denied the allegations, calling them politically motivated. Later in July, the prosecutors said the investigation was handed over to French anti-corruption courts.

Salameh has faced accusations of being a main actor in the collapse of Lebanon's financial system, considering he was the governor of the Central Bank for close to 28 years.

Switzerland's Money Laundering Reporting Office had monitored over $326 million in documents and money transfers linked to Riad Salameh and his brother Rajaa, done as a result of an agreement signed in 2002.

  • Central Bank of Lebanon
  • Riad Salameh
  • Luxembourg

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