France issues international arrest warrant for Lebanon’s central bank governor

Officials say prosecutors have issued an international arrest warrant on Riad Salameh, Lebanon’s embattled central bank governor, over his failure to show up for questioning on corruption charges.
Mr Salameh was supposed to appear before French prosecutors on Tuesday as part of an ongoing European probe.
He, however, failed to appear.
A Western diplomat who spoke under the condition of anonymity confirmed the warrant but said he’s not cleared to speak with the press, according to the Associated Press.
Chanez Mensous, a lawyer at the French anti-corruption non-governmental organisation Sherpa, which and other organisations filed initial legal complaints against Mr Salameh and associates in May 2021, confirmed the warrant was issued.
But the Lebanese officials have not confirmed receipt of the arrest warrant.
In a statement, the embattled central bank governor said that the arrest warrant was “a violation of the law.”
He also criticised the French judicial process, saying confidential information about the case was leaked to the media.
Mr Salameh, 72, has been the target of a series of judicial investigations at home and abroad on fraud, money laundering and illicit enrichment allegations.
European investigators looking into the fortune he has amassed during three decades in the job had scheduled Tuesday for a hearing in Paris.
The European judicial team from France, Germany and Luxembourg has also been conducting a corruption investigation into an array of financial crimes they alleged were committed by Mr Salameh.
The investigation also contained a long list of his associates from Lebanon’s central bank and Lebanese commercial banks and auditing companies.
The allegations include illicit enrichment and laundering of $330 million.
Mr Salameh, 72, who has held his post for almost 30 years, has repeatedly denied all allegations against him.
He has insisted that his wealth came from his previous job as an investment banker at Merrill Lynch, inherited properties and investments.
At a visit to Lebanon in March, the European delegation questioned Mr Salameh about the Lebanese CBN’s assets and investments outside the country.
The investment includes a Paris apartment that the governor owns and his brother Raja Salameh’s brokerage firm Forry Associates Ltd.
Forry is a British Virgin Islands-registered company that listed Mr Salameh’s brother as its beneficiary.
The three European governments, in March 2022, froze more than $130 million in assets linked to the probe.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Cross River: NCS seeks Tinapa revival for improved investment, export opportunities
The Nigeria Customs Service says reviving the original vision of Tinapa Business and Leisure Resort will trigger improved investment and export opportunities for Cross River.

States
Teenager dies after falling from two-storey building in Imo
A 17-year-old girl, Chiamaka Chukwuokore, has died after she was allegedly pushed from a two-storey building in Owerri, Imo.

World
Nigeria pledges five million glasses, 25,000 free cataract surgeries by 2027
The Nigerian government says it will distribute five million pairs of reading glasses and provide 25,000 subsidised cataract surgeries by 2027.

World
King Charles sad over transatlantic slave trade that ravaged Nigeria, other nations
“We cannot change the actions of those who came before us. We can, however, learn from the past,” said King Charles.

Africa
South Africans vote amid discontent over failing services, infrastructure
More than 29 million voters are registered, but the last municipal elections in 2021 drew fewer than half of them to the polls, with turnout at just 46 per cent.

Anti-Corruption
Corporate America Lending executive Ron Cook indicted for defrauding Farmer MAC, others of $65 million
Ron Cook, a 58-year-old man from Fresno, California, is an executive of Corporate America Lending, a lending company allegedly used to carry out a $65 million fraud scheme.





