BEIRUT: A Lebanese military judge Tuesday appealed a verdict by the military tribunal that ordered the release of a Lebanese-American held since September on charges of working for an Israeli-backed militia two decades ago, state-run National News Agency said.
Judge Ghassan Khoury asked the Military Court of Appeals to strike down an earlier ruling in favor of Amer Fakhoury and issue an arrest warrant against him. He asked that Fakhoury be put on trial again on charges of kidnapping, torturing and detaining Lebanese citizens as well as “killing and attempting to kill others,” according to NNA.
On Monday, Fakhoury was ordered released because more than 10 years had passed since he allegedly tortured prisoners at a jail run by the so-called South Lebanon Army militia.
Some local media reported that Fakhoury was released but there was no official confirmation.
Fakhoury, 57, is a former SLA member who became a US citizen last year, and is now a restaurant owner in Dover, New Hampshire. His case has been closely followed in his home state of New Hampshire, where US Sen. Jeanne Shaheen and other officials have called for imposing sanctions on Lebanon to pressure Beirut to release him.
Tuesday’s appeal came after an outcry in Lebanon over the verdict that ordered him released, including harsh criticism from by the powerful Hezbollah group that said the verdict to release Fakhoury came after “American pressures and threats.”
“This is a sad day for Lebanon and justice,” Hezbollah said in a statement adding that the reputation of Lebanon’s judiciary was at stake.
Riots also broke out in one of the country’s main prisons by detainees who demanded to be freed following the verdict against Fakhoury.
Fakhoury has not been attending questioning sessions in Lebanon over the past few months after being hospitalized with stage 4 lymphoma cancer.
Over the weekend, the Fakhoury family placed a sign on their restaurant’s door saying they anticipate reopening by early or mid-April, Seacoastonline.com reported.
Fakhoury has been jailed since Sept. 12 after returning to Lebanon on vacation to visit family. Lebanon’s intelligence service said he confessed during questioning to being a warden at Khiam Prison, which was run by the SLA during Israel’s 18-year occupation of southern Lebanon.
Human rights groups have described the prison as a center for torture.
Fakhoury’s family and lawyer, however, say he had no direct contact with inmates and was never involved in any interrogation or torture.
Lebanon and Israel have been officially at war since Israel’s creation in 1948. Lebanon bans its citizens from traveling to Israel or having contact with Israelis.
Fakhoury’s lawyer and family say he fled Lebanon in 2001 through Israel and eventually to the United States because of death threats he and many other SLA members received after Israel ended its occupation of Lebanon in 2000.
In February, Fakhoury was charged by a military judge with the murder and torture of inmates at Khiam Prison.
Hundreds of former Lebanese members of the SLA militia had fled to Israel, fearing reprisals if they remained in Lebanon. Others stayed and faced trial, receiving lenient sentences.
Lebanese judge orders retrial of Lebanese-American
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Lebanese judge orders retrial of Lebanese-American
IFC to provide $400 million loan for Pakistan’s copper-gold Reko Diq mine
- The loan adds to a $300 million commitment announced in April, bringing the total to $700 million
- Reko Diq, one of the largest undeveloped copper-gold deposits, is being developed by Barrick Gold
ISLAMABAD: The International Finance Corporation will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according to an IFC disclosure on Friday.
The loan adds to a $300 million commitment announced in April, bringing IFC’s total financing for the project to $700 million. The estimated cost of the mine is $6.6 billion, to be funded through a mix of debt and equity from a consortium of lenders.
“The estimated total Project cost is $6.6bn, and it will be financed using a combination of debt and equity,” the disclosure said, adding that other parallel lenders will provide the remaining debt financing.
This type of loan, known as subordinated debt, is typically repaid after other senior loans and helps absorb more risk, making it easier for other lenders to invest.
Other financiers, including the US EXIM Bank, Asian Development Bank, Export Development Canada, and Japan’s JBIC, are also expected to join the financing package, project director Tim Cribb told Reuters in April.
Term sheets are expected to close by early in the third quarter. IFC chief Makhtar Diop said earlier this year that the institution was “doubling down” on Pakistan, with a focus on infrastructure, energy and natural resources.
Reko Diq, located in Balochistan, is one of the world’s largest undeveloped copper-gold deposits. It is being developed by Barrick Gold, which holds 50 percent, with the remainder split between Pakistan’s federal and provincial governments.
Production is expected to begin in 2028. Barrick has projected the mine will generate up to $74 billion in free cash flow over its estimated 37-year life.
Saudi Arabia takes leading role in Helsinki ICRC donor summit
- The Kingdom’s delegation took part in various discussions, led by its deputy ambassador to Finland, Faisal Al-Shehri
RIYADH: Saudi Arabia has joined the International Committee of the Red Cross donor support group during a high-level summit in Helsinki, while simultaneously taking charge of a global peace-building initiative.
The Kingdom’s delegation took part in various discussions, led by its deputy ambassador to Finland, Faisal Al-Shehri, and Geneva-based humanitarian affairs chief at Saudi Arabia’s Permanent Mission to the United Nations, Shatha Al-Ahmadi.
ICRC president Mirjana Spoljaric highlighted Saudi Arabia’s status within the humanitarian community, describing the Kingdom as “not only a donor state, but a trusted and vital political partner for the International Committee of the Red Cross.”
Spoljaric specifically commended Saudi Arabia’s significant contributions to the global initiative designed to strengthen political commitment to international humanitarian law, positioning the Kingdom as a key driver of humanitarian policy development.
The Saudi delegation expressed appreciation to both the ICRC and Finnish government for organizing the summit, saying the Kingdom’s membership reflected its commitment to humanitarian work: “Our participation reflects an unwavering dedication to humanitarian action, rooted in our firm belief in the international community’s collective duty to assist conflict victims and deliver humanitarian aid.”
The delegation emphasized its full recognition of the ICRC’s unique mandate and exceptional position among humanitarian organizations, reaffirming Saudi support for maintaining its independence and neutrality.
The Kingdom has assumed leadership of the global initiative’s third operational track, which addresses the intersection of international humanitarian law and peace-building efforts.
Saudi delegates stressed the need for peaceful conflict resolution, political dialogue enhancement and diplomatic engagement between nations to foster mutual respect and create pathways toward lasting reconciliation and sustainable peace building.
The summit concluded with a ceremonial leadership transfer from Finland to the UK within the donor group structure.
Saudi representatives congratulated their British counterparts, expressing their enthusiasm for enhanced collaboration with the incoming leadership and all international partners to advance multilateral humanitarian system development.
Pakistan stocks drop over 1,900 points amid Israel-Iran tensions
- Analysts cite fears of broader regional escalation following Israeli strikes on Iran
- Israel struck Iran, claiming Tehran was “close” to developing a nuclear weapon
KARACHI: The Pakistan Stock Exchange (PSX) plunged more than 1,900 points on Friday, as investor sentiment soured following Israel’s strikes on Iran, triggering fears of wider regional escalation.
The benchmark KSE-100 index fell 1,949.56 points, or 1.57 percent, closing at 122,143.56, down from the previous close of 124,093.12.
Shares traded largely in the red, mirroring losses across regional and global markets after the Israeli attacks shook investor confidence, according to a market review by Pakistani brokerage Topline Securities.
“Geopolitical tensions after Israel’s attack in Iran weighed down on world equities, including the KSE100,” Raza Jafri, Head of Intermarket Securities, told Arab News. “In particular, if a geopolitical risk premium gets added to international oil prices on a prolonged basis, it could negatively affect the outlook for the current account deficit and inflation, given more than 25 percent of Pakistan’s import bill comprises of petroleum products.”
He noted that Pakistan was now “much more disciplined” economically, having avoided fuel subsidies and refrained from using foreign exchange reserves to support the currency. This, he said, would help the country better withstand a potential oil price shock than in the past.
Ahsan Mehanti, Chief Executive of Arif Habib Commodities Ltd, said stocks declined across the board in response to the strikes.
“Slump in global equities on geopolitical risks and weakening rupee played catalyst role in panic selling at PSX,” he said.
Israel launched strikes on Iran earlier on Friday, claiming Tehran was “very close” to developing a nuclear weapon. The attacks reportedly targeted nuclear facilities, scientists, and senior military commanders.
Pakistan stocks drop over 1,900 points amid Israel-Iran tensions
- Analysts cite fears of broader regional escalation following Israeli strikes on Iran
- Israel struck Iran, claiming Tehran was “close” to developing a nuclear weapon
KARACHI: The Pakistan Stock Exchange (PSX) plunged more than 1,900 points on Friday, as investor sentiment soured following Israel’s strikes on Iran, triggering fears of wider regional escalation.
The benchmark KSE-100 index fell 1,949.56 points, or 1.57 percent, closing at 122,143.56, down from the previous close of 124,093.12.
Shares traded largely in the red, mirroring losses across regional and global markets after the Israeli attacks shook investor confidence, according to a market review by Pakistani brokerage Topline Securities.
“Geopolitical tensions after Israel’s attack in Iran weighed down on world equities, including the KSE100,” Raza Jafri, Head of Intermarket Securities, told Arab News. “In particular, if a geopolitical risk premium gets added to international oil prices on a prolonged basis, it could negatively affect the outlook for the current account deficit and inflation, given more than 25 percent of Pakistan’s import bill comprises of petroleum products.”
He noted that Pakistan was now “much more disciplined” economically, having avoided fuel subsidies and refrained from using foreign exchange reserves to support the currency. This, he said, would help the country better withstand a potential oil price shock than in the past.
Ahsan Mehanti, Chief Executive of Arif Habib Commodities Ltd, said stocks declined across the board in response to the strikes.
“Slump in global equities on geopolitical risks and weakening rupee played catalyst role in panic selling at PSX,” he said.
Israel launched strikes on Iran earlier on Friday, claiming Tehran was “very close” to developing a nuclear weapon. The attacks reportedly targeted nuclear facilities, scientists, and senior military commanders.
Saudi FM holds calls with Kuwaiti, Palestinian and Norwegian counterparts on regional tensions
- Calls came amid rising tensions between Israel and Iran
RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan on Friday held a series of phone calls with regional and international counterparts to discuss the escalating situation in the Middle East, the Saudi Press Agency reported.
In a call with Kuwaiti Foreign Minister Abdullah Ali Al-Yahya, the two sides reviewed the recent Israeli strike on Iran, its regional repercussions, and stressed the importance of de-escalation and safeguarding regional security, SPA added.
Prince Faisal also spoke with Palestinian Prime Minister and Foreign Minister Mohammad Mustafa, with discussions also focused on the latest developments in the region and their wider implications.
In a separate call, the Saudi minister discussed regional and international issues of common interest with Norwegian Foreign Minister Espen Barth Eide.
