French court upholds seizure of Lebanese banker Riad Salameh’s assets – The National
- Date: 05-Jul-2023
- Source: The National
- Sector:Financial Services
- Country:Lebanon
French court upholds seizure of Lebanese banker Riad Salameh’s assets – The National
The Paris Court of Appeal has upheld seizure orders issued as part a continuing investigation of Lebanon's central bank governor Riad Salameh, a source close to the matter told The National.
A European joint investigative team issued orders to freeze more than $100 million worth of property and bank accounts across Europe belonging to Mr Salameh and his relatives, which it suspected to have been acquired through extensive embezzlement from the Lebanese central bank.
The court's ruling followed a plea from Mr Salameh's legal team to release the assets.
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