You have commented 358 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Syria-Lebanon-Iran
France charges Marianne Hoayek in Salameh graft probe
2023-07-02
[An Nahar] La Belle France has charged a former assistant of Riad Salameh, the governor of Leb
...an Iranian colony situated on the eastern Mediterranean, conveniently adjacent to Israel. Formerly inhabited by hardy Phoenecian traders, its official language is now Arabic, with the usual unpleasant side effects. The Leb civil war, between 1975 and 1990, lasted a little over 145 years and produced 120,000 fatalities. The average length of a ceasefire was measured in seconds. The Lebs maintain a precarious sectarian balance among Shiites, Sunnis, and about a dozeen flavors of Christians. It is the home of Hezbollah, which periodically starts a war with the Zionist Entity, gets Beirut pounded to rubble, and then declares victory and has a parade. The Lebs have the curious habit of periodically murdering their heads of state or prime ministers...
's central bank and a subject of judicial probes at home and abroad, with money laundering.

In March 2022, La Belle France, Germany and Luxembourg seized assets worth 120 million euros ($130 million) in a move linked to a probe into Salameh's wealth.

Salameh is accused of having amassed a fortune during some three decades in the job. Once hailed as the guardian of Lebanon's financial stability, he is being increasingly blamed for the country’s financial meltdown.

Many say he helped precipitate the crisis.

Salameh's term ends in July.

A judicial source said Marianne Hoayek, 43, was questioned on Friday in Gay Paree and placed under investigation for criminal conspiracy and money laundering.

"Marianne Hoayek contests these accusations and will provide proof that these funds came mainly from donations from her father," a rich businessman now deceased, her lawyer Mario Stasi told AFP.

Salameh, 72, denies any wrongdoing and says he built his fortune when he worked in U.S. investment bank Merrill Lynch before becoming the governor of Lebanon's Central Bank in 1993.

Judicial authorities in La Belle France and Munich in Germany had issued arrest warrants for Salameh over accusations including money laundering and fraud, and Interpol subsequently issued Red Notices targeting him.

An Interpol Red Notice is not an international arrest warrant but asks authorities worldwide to provisionally detain people pending possible extradition or other legal action.

European Sherlocks had questioned Salameh in Beirut, also hearing from others including Hoayek and Salameh's brother Raja and central bank audit firms.

Lebanon does not extradite its nationals, but Salameh could go on trial in Lebanon if local judicial authorities decide the accusations against him are founded, an official previously told AFP.

Following the Red Notices, a local judge questioned Salameh, confiscated his French and Lebanese passports, banned him from traveling and released him pending investigation.

Posted by:Fred

00:00