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Lebanon bank governor faces corruption allegations in France

Legal move over Lebanon s missing millions just the start

SHARE A legal complaint in France accusing Lebanon’s central bank governor Riad Salameh and his associates of funnelling hundreds of millions of euros out of the country is just a small part of a much bigger scandal, activists say. Two groups have filed statements to French prosecutors accusing the governor, members of his family and close associates of enriching themselves by using shell companies in secretive locations to buy luxury property in France. The complaint lists nearly 20 senior Lebanese politicians and suggests that bank owners and shareholders could also be targeted in the future, according to reports of the leaked 81-page dossier.

Activists file legal complaint over alleged Lebanon

(Adds details, context) PARIS, May 3 (Reuters) - Non-profit organisation Sherpa and a group of lawyers have filed a legal complaint to France s financial prosecutor against Lebanese Central Bank Riad Salameh over alleged corruption and money laundering, an official at Sherpa said on Monday. Sherpa said in a statement the legal complaint, filed on Friday, was over suspicious real estate purchases in France and that the aim was to return the property to the Lebanese people. The complaint covers millions of euros worth of property assets in France and also targets Salameh s brothers and an associate, said Laura Rousseau, head of the illicit financial flows programme at Sherpa, in comments to Reuters.

Lebanon central bank chief faces corruption allegations in France

Lebanon central bank chief faces corruption allegations in France NEWS WIRES © Dalahi and Nohra, AFP An anti-corruption group has submitted a legal complaint in France against Lebanon s central bank governor over foreign investments including property he owns worth millions of euros, two people involved in the filing said on Monday. Sherpa, a non-governmental organisation that defends victims of economic crimes, said in a statement that it and a group of lawyers had filed the complaint on Friday over suspicious real estate purchases in France. Central Bank Governor Riad Salemeh told Reuters he had proved and shown documents on many occasions highlighting that the source of his wealth was acquired before taking up his post in 1993.

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