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Former Lebanese minister and Al Mawarid Financial institution chairman, Marwan Kheireddine, faces expenses in France, leading to a journey ban however no detention.
He’s accused of overlaying up cash laundering crimes involving the Salameh brothers and Marianne Hoayek.
Al-Akhbar newspaper reported that Raja Salameh‘s accounts at Al-Mawarid Financial institution, which grew from $15 million in 1993 to $150 million in 2019, are central to the questioning.
Stranded in Paris, Kheireddine could haven’t any alternative however to cooperate with French judiciary, in line with the each day.
Al-Akhbar’s knowledgeable French sources indicated that if Kheireddine presents “names and particulars” in regards to the suspects, judicial measures in opposition to him may very well be eased.
In any other case, the potential penalties embody a 10-year jail sentence, freezing of personal property, and seizure of properties.
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The newspaper additionally revealed that unnamed sources recommend Kheireddine’s expenses warrant a financial institution board assembly to debate his dismissal.
Different Lebanese bankers are reportedly gripped by panic as Kheireddine is accused of offering faux paperwork to the Salameh brothers regarding Raja Salameh’s Al Mawarid Financial institution accounts.
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