Former central bank governor Riad Salameh’s case referred to financial prosecution

The judiciary in Lebanon is awaiting the findings of the financial public prosecutor regarding the investigation into the bank’s former governor Riad Salameh (pictured). (Reuters/File Photo)
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Updated 21 March 2025
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Former central bank governor Riad Salameh’s case referred to financial prosecution

  • PM Nawaf Salam announces Lebanon’s shift to digital governance
  • Former economy minister banned from travel on suspicion of corruption

BEIRUT: Lebanese Prime Minister Nawaf Salam announced on Friday that the government was working on establishing an executive mechanism to transition Lebanon into a digital state.

Lebanon is focused on using all its resources and connections to leverage external expertise in order to pursue the government’s development goals, he stated during a meeting with a delegation of business leaders.

The Cabinet approved a mechanism for administrative appointments in state institutions on Thursday, which Salam described as “transparent and competitive.”

Media reports in Beirut on Friday characterized this mechanism as a “theoretical qualitative leap and a reformative advancement in the selection of public sector employees. However, the critical factor remains its successful implementation.”

The position of governor of Lebanon’s central bank, the Banque du Liban, is currently vacant as President Joseph Aoun and Prime Minister Salam have not yet reached an agreement on the most suitable candidate. In the meantime, the judiciary is awaiting the findings of the financial public prosecutor regarding the investigation into the bank’s former governor Riad Salameh.

Salameh has been in pretrial detention for the past seven months on charges of embezzling public funds.

A judicial source told Arab News that Investigative Judge Bilal Halawi had concluded the investigation into Salameh’s case after issuing two in absentia arrest warrants for Salameh’s advisers.

The case has now been referred to Financial Prosecutor Judge Ali Ibrahim for review in preparation for issuing an indictment.

There is no specific deadline for the financial prosecution to respond.

Salameh — along with two lawyers, Michel Tueini and Marwan Issa Khoury, who served as advisers at the central bank — is being prosecuted for allegedly embezzling over $40 million from the bank’s funds. It is claimed that this amount was transferred to Salameh’s account with the assistance of Tueini and Issa Khoury.

In the ongoing pursuit of corruption cases, Judge Jamal Hajjar, the public prosecutor at the Court of Cassation, has moved to ban former Economy Minister Amin Salam from traveling.

The decision was made based on a report from the National Economy, Industry, Trade, and Planning Committee.

It also included his advisers Karim Salam and Fadi Tamim, as well as financial auditor Elie Abboud.

On Thursday, MP Farid Boustany, the committee’s chairman, lodged a complaint with the Public Prosecutor’s Office against the former minister, his advisers, and Abboud as a signatory.

The complaint alleges “bribery, influence-peddling, blackmailing insurance companies, mismanagement of public funds, and money laundering.”

In response to these accusations, Salam denied the charges, claiming they were part of a “systematic campaign of personal or political targeting” against him and his team.

Salam served as the economy minister for less than four years in the Najib Mikati government.

A report from the Parliamentary Observatory determined that Salam “misused his authority over the Insurance Control Commission, which oversees the insurance sector, for personal benefit at the expense of public funds.”

A judicial source informed Arab News that the travel ban was a preliminary measure aimed at ensuring that the suspects are notified about their upcoming interrogations, scheduled to occur soon at the Palace of Justice in Beirut.

The National Economy Committee of Parliament prepared a dossier detailing “violations” by Salam during his time in office.

The committee had previously summoned him to discuss the oversight of insurance companies by the ministry.

Salam did not attend three sessions, leading the committee to refer the case to the public prosecutor at the Court of Cassation and the financial prosecution for further action.

In 2023, sources said suspicions arose after his adviser, Tamim, was accused of blackmailing insurance companies for hundreds of thousands of dollars to prevent the revocation of the company’s license.

“Tamim was arrested, and it later came to light that Minister Karim Salam, the brother of the minister, had pressured insurance companies to pay large sums for mandatory solvency studies through a firm owned by Tamim. These actions resulted in accusations of abuse of power and blackmail.

“The National Economy Committee uncovered evidence that former Minister Salam misused public funds, spending over $50,000 a month on his office and engaging in questionable contracts.”


Israel’s security cabinet approves independence for 13 West Bank settlements

Updated 14 sec ago
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Israel’s security cabinet approves independence for 13 West Bank settlements

JERUSALEM: Israel’s security cabinet approved a plan to separate 13 Jewish settlements in the Israeli-occupied West Bank from their neighboring communities, Finance Minister Bezalel Smotrich said on Sunday.
The settlements will ultimately be recognized as independent, he posted on X about the move, which follows the approval of tens of thousands of housing units across the West Bank.
“We continue to lead a revolution of normalization and regulation in the settlements. Instead of hiding and apologizing – we raise the flag, build and settle. This is another important step on the path to actual sovereignty in Judea and Samaria,” Smotrich said, using Israel’s term for the West Bank.
Israel’s opposition to ceding control of the West Bank has been deepened by its fears of a repeat of the October 7, 2023, attack by Hamas-led militants. Its military says it is conducting counter-terrorism operations in the West Bank and targeting suspected militants.
The Palestinian Foreign Ministry criticized the approval of the separation of the neighborhoods and their recognition as independent settlements as disregarding international legitimacy and resolutions.
Hamas, the Palestinian militant group governing Gaza, condemned the move in the West Bank, describing it as a “desperate attempt to impose realities on the ground and consolidate colonial occupation on Palestinian lands.”
Around 700,000 Israeli settlers live among 2.7 million Palestinians in the West Bank and east Jerusalem, land Israel captured in 1967 during the six-day war. Most countries consider Israel’s settlements on territory seized in the war to be illegal. Israel disputes this, citing historical and biblical ties to the land.
Israel’s pro-settler politicians have been emboldened by the return to the White House of US President Donald Trump.
Smotrich, head of the far-right Religious Zionism party and a key partner in Prime Minister Benjamin Netanyahu’s governing coalition, has for years called for Israeli sovereignty in the West Bank.
He noted that until now the 13 settlements were formally considered part of their parent communities, in some cases for decades, which he said caused significant difficulties in their daily management.
“Recognizing each of them as an independent settlement is an important step that will greatly assist in their advancement and development,” Smotrich said.


Lebanon state media reports Israeli strike on south

Updated 23 March 2025
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Lebanon state media reports Israeli strike on south

BEIRUT: An Israeli drone targeted a car in a southern Lebanese town on Sunday, state media reported, a day after the most intense escalation since a November ceasefire.
“An Israeli drone carried out an airstrike this morning, launching a guided missile targeting a car in the town of Aita Al-Shaab” near the border with Israel, Lebanon’s official National News Agency said, reporting an unspecified number of casualties.


Paramilitary shelling kills 3 in Omdurman after Sudan army gains: medic

Updated 23 March 2025
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Paramilitary shelling kills 3 in Omdurman after Sudan army gains: medic

KHARTOUM: Three civilians including two children were killed Sunday in an artillery attack by the paramilitary Rapid Support Forces on Omdurman, part of the Sudanese capital, a medical source told AFP.
Eyewitnesses in the area reported seven rounds of shelling rocking residential neighborhoods controlled by the army, which in recent days regained most of central Khartoum’s government district from the RSF.
“Two children and a woman were killed and eight others injured in the shelling,” said the medical source at Al-Nao hospital, one of the city’s last functioning health facilities, requesting anonymity for their safety.
Since April 2023, the RSF has battled Sudan’s regular army in a war that has killed tens of thousands, uprooted over 12 million and created the world’s largest hunger and displacement crises.
The army and allied groups on Friday recaptured the country’s presidential palace, launching a clearing operation to push the RSF out of central Khartoum’s administrative and financial district.
On Saturday, they claimed several strategic state institutions that had been overrun by paramilitaries, including the central bank, state intelligence headquarters and the national museum.
RSF fighters remain stationed in parts of central Khartoum including the airport, as well as the capital’s south and west.
From their positions in western Omdurman, they have regularly launched strikes on civilian areas.
In February, over 50 people were killed in a single RSF artillery attack on a busy Omdurman market.
Despite the army’s advances in the capital, Africa’s third largest country remains effectively split in two, with the army holding the east and north while the RSF controls nearly all of the western region of Darfur and parts of the south.


Turkish court jails Istanbul mayor Imamoglu pending trial

Updated 57 min 28 sec ago
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Turkish court jails Istanbul mayor Imamoglu pending trial

  • Ruling likely to stoke tensions after four days of protests
  • The court said Imamoglu and at least 20 others were jailed as part of a corruption investigation

ISTANBUL: A Turkish court jailed Istanbul Mayor Ekrem Imamoglu on Sunday pending trial, state media and other broadcasters said, in a move likely to stoke the country’s biggest protests in more than decade.
The decision to send Imamoglu — who is President Tayyip Erdogan’s main political rival — to prison comes after the main opposition party, European leaders and tens of thousands of protesters criticized the actions against him as politicized.
The court said Imamoglu and at least 20 others were jailed as part of a corruption investigation. A separate ruling on a terror-related investigation has yet to be issued.Istanbul Mayor Ekrem Imamoglu said on Sunday that he will not bow down after court ruled to jail him pending trial over corruption related investigation.
"We will, hand in hand, uproot this blow, this black stain on our democracy... I am standing tall, I will not bow down," Imamoglu said in a post on X.


Israel military says it intercepted missile from Yemen

Updated 23 March 2025
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Israel military says it intercepted missile from Yemen

  • The Houthis said early on Saturday they had “targeted Ben Gurion airport” with a ballistic missile
  • United States began launching heavy strikes against Yemen’s Houthis last week

Jerusalem: Israel’s military said early on Sunday it had intercepted a missile launched from Yemen after air raid sirens sounded in several areas across the country.
“Following the sirens that sounded a short while ago in several areas in Israel, a missile launched from Yemen was intercepted by the IAF (Israeli Air Force) prior to crossing into Israeli territory,” the military said in a statement.
The latest interception is part of an escalation between Israel and the Houthis after the Iran-backed group claimed a series of missile launches this week.
The Houthis had threatened to escalate attacks in support of Palestinians following Israel’s renewal of attacks against Hamas in the Gaza Strip, which began on Tuesday.
The Israeli military also said late on Friday it had intercepted another missile launched from Yemen.
The Houthis said early on Saturday they had “targeted Ben Gurion airport” with a ballistic missile, calling it the third launch in two days.
Israeli airspace would remain unsafe “until the aggression against Gaza stops,” the group said in the statement.
The United States began launching heavy strikes against Yemen’s Houthis last week.
US President Donald Trump said on Wednesday the Houthis “will be completely annihilated” and warned Tehran against continuing aid for the group.