Lebanon court orders seizure of central bank governor’s assets, real estates

Young journalists club

News ID: 47007
Publish Date: 20:03 - 20 July 2020
Monday, 20 July 2020_A Lebanese court has ruled to seize the real estates and assets of the governor of Lebanon's central bank, after several lawyers filed a lawsuit accusing him of undermining the financial status of the country as well as other crimes.

Lebanon court orders seizure of central bank governor’s assets, real estatesJudge Faisal Makki took the decision against Riad Salameh on Monday, ordering the repossession of some property and assets owned by him, including his residence in the upscale suburban area of Rabieh just north of the capital Beirut, official National News Agency reported.

The freezing order came after some lawyers and activists lodged a lawsuit against Salameh for “crimes of undermining the financial status of the state and urging the public to withdraw funds deposited in banks and sell state bonds, in addition to job negligence and embezzlement.”

Judge Faisal Makki took the decision against Riad Salameh on Monday, ordering the repossession of some property and assets owned by him, including his residence in the upscale suburban area of Rabieh just north of the capital Beirut, official National News Agency reported.

The freezing order came after some lawyers and activists lodged a lawsuit against Salameh for “crimes of undermining the financial status of the state and urging the public to withdraw funds deposited in banks and sell state bonds, in addition to job negligence and embezzlement.”

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