Luxury Properties Seized from Central Bank Chief Amidst Allegations of Embezzlement, Money Laundering, and Tax Evasion
In an ongoing investigation into the alleged embezzlement, money laundering, and tax evasion activities of Lebanon’s central bank governor, Riad Salameh, a recent report states that a judge in Lebanon has taken action by ordering the seizure of several luxurious properties. The move comes as part of the judicial probe into the source of Salameh’s wealth, and it aims to prevent the 72-year-old governor from selling or transferring his assets to others during the investigation.
According to an anonymous official in the judicial system, Judge Gabi Shaheen issued the order to seize the properties, which include opulent real estate and apartments located in Beirut, Mount Lebanon, and Batroun, as well as a number of cars owned by Salameh.
The investigation was launched after France, Germany, and Switzerland accused Salameh of siphoning off $300 million from the central bank over a period of 13 years. Although Salameh firmly denies these allegations, he is currently wanted by authorities in France and Germany, and Interpol has issued an arrest warrant against him.
As part of the measures taken, Salameh has been prohibited from leaving Lebanon, and due to Lebanon’s policy of not extraditing its own citizens, he is unlikely to face the accusations in the countries where the charges originated.
Having led Lebanon’s central bank for nearly three decades, Salameh stated that he will step down from his position on July 31st, despite the ongoing investigation. The situation remains under intense scrutiny as authorities continue to delve into the allegations and seek justice.
