BEIRUT — A French court Tuesday supported the freezing of the properties of Lebanon’s embattled main bank guv, declining his appeal to have them launched, an authorities close to the examination stated.
Several European nations are examining main bank Gov. Riad Salameh and his associates over myriad supposed monetary criminaloffenses, consistingof illegal enrichment and laundering of $330 million. A French investigative judge on May 16 released an global arrest warrant, or Interpol red notification, for the 72-year-old Salameh after he stoppedworking to program up in Paris for questioning.
France, Germany and Luxembourg in March 2022 froze more than $130 million in possessions connected to the examination. The European Union Agency for Criminal Justice Cooperation, or Eurojust, stated at the time that the examination targets 5 thinks implicated of cash laundering.
Salameh, who has consistently rejected charges of corruption had askedfor that his properties be unfrozen. On Tuesday, a French appeals court turneddown his appeal, stating that his properties will stay frozen, according to an authorities close to the investiga