The former governor of the BDL, during a televised appearance. (Credit: Screenshot taken from the LBCI website)
In a ruling based on legal and procedural grounds, the French Court of Cassation annulled on Wednesday the July 2023 seizures of properties owned by former Banque du Liban (BDL) Governor Riad Salameh in France, Belgium and the United Kingdom. France’s highest court thus overturned a decision by the appeals court (investigative chamber), which had upheld the seizures in July 2023. Those had been ordered roughly a year earlier by French investigating judges Aude Buresi and Serge Tournaire.As per French legal procedure, the case has been referred to an appeals court, which is expected to deliver a final verdict in six months, according to a source close to the case who spoke to L’Orient-Le Jour.In November 2024, the Court of Cassation upheld the seizure of Paris real estate owned by Salameh’s former partner, according to a report by AFP. ...
In a ruling based on legal and procedural grounds, the French Court of Cassation annulled on Wednesday the July 2023 seizures of properties owned by former Banque du Liban (BDL) Governor Riad Salameh in France, Belgium and the United Kingdom. France’s highest court thus overturned a decision by the appeals court (investigative chamber), which had upheld the seizures in July 2023. Those had been ordered roughly a year earlier by French investigating judges Aude Buresi and Serge Tournaire.As per French legal procedure, the case has been referred to an appeals court, which is expected to deliver a final verdict in six months, according to a source close to the case who spoke to L’Orient-Le Jour.In November 2024, the Court of Cassation upheld the seizure of Paris real estate owned by Salameh’s former partner, according to a report by...