BDL froze bank accounts of Economy Minister’s brother
Banque du Liban’s Special Investigation Commission (SIC) took this “preventive” measure, following a motion from the public prosecutor’s office for financial crimes.
As part of the allegations involving Karim Salam, brother and collaborator of caretaker Economy Minister Amin Salam, a case of alleged bribes is circulating in the news. Banque du Liban’s Special Investigation Commission (SIC) recently ordered to “preventively freeze and lift banking secrecy on the bank accounts” of the minister’s brother, a judicial source told L’Orient-Le Jour.The source added that the measures were taken following a motion by the Public Prosecutor’s Office for Financial Crimes, chaired by Ali Ibrahim, requesting “information” on the relevant accounts.This came as part of an investigation opened following the legal notice by the insurance company owners two years ago, accusing the minister’s brother of having received bribes to settle their financial situation, knowing that the insurance sector is the responsibility of...
As part of the allegations involving Karim Salam, brother and collaborator of caretaker Economy Minister Amin Salam, a case of alleged bribes is circulating in the news. Banque du Liban’s Special Investigation Commission (SIC) recently ordered to “preventively freeze and lift banking secrecy on the bank accounts” of the minister’s brother, a judicial source told L’Orient-Le Jour.The source added that the measures were taken following a motion by the Public Prosecutor’s Office for Financial Crimes, chaired by Ali Ibrahim, requesting “information” on the relevant accounts.This came as part of an investigation opened following the legal notice by the insurance company owners two years ago, accusing the minister’s brother of having received bribes to settle their financial situation, knowing that the insurance sector is the...
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