National Central bank of Lebanon Governor, Riad T. Salame guilty of Money Laundry Organized Crime & Corruption
National Central bank of Lebanon Governor, Riad T. Salame guilty of Money Laundry Organized Crime & Corruption
Theft of Moneys committed by Riad Toufic Salame in conspiracy with Salim George SfeirJuly 3, 2012 - Lebanon News Wire
After a series of correspondences with Lebanon's Central bank Governor, Riad T. Salame, UANI CEO, Ambassador Mark D. Wallace, outlined UANI's findings in a May 28 letter to him:
As a result of the actions and omissions of BDL and the
LBS, Lebanon has become a sovereign money laundering jurisdiction that receives massive
inflows of illicit deposits.... from Hezbollah terror and criminal activities, and the
illicit symbiotic relationships among Iran, Syria and Hezbollah that is founded on
terrorism, the material support of terrorism, and weapons transfers, including as related
to weapons of mass destruction. Building upon a foundation of such massive inflows of
illegitimate monies, Lebanon has portrayed a false image of economic legitimacy and
stability to global markets, particularly as related to its sovereign bonds and related
securities including the credit default swaps ("CDS") that "insure"
those bonds. In fact, the real picture of Lebanon and its sovereign backed securities
reveals a fraud and market manipulation that is used by Hezbollah, BDL and the LBS to
continue money laundering on a massive scale. Attached to this letter, we provide a
detailed economic analysis in a presentation that describes this fraud.... BDL and the LBS
meet the criteria for determination under Section 311 of the USA PATRIOT Act of 2001
("USA PATRIOT Act") as a jurisdiction of primary money laundering concern that
would result in their ban from the U.S. financial system.
False Making of Merger Process in June 2000
(i.e., Bank of Beirut SAL taking over Riyadh Beirut Bank SAL)
1.
After the death of Mr Hasaan Mansour (the Chairman and
Director General of Messrs Riyadh Beirut Bank S.A.L. in May 2000, who was the
major shareholder of Riyadh Beirut Bank SAL), Mr. Riad Tawfeeq Salameh (the
Governor of Banque du Liban) did conspire with Mr. Salim George Sfeir (the
Chairman and Director General of Messrs Bank of Beirut S.A.L.) in order to make
Bank of Beirut SAL take over Riyadh Beirut Bank SAL (including London Branch),
under the so called merger between Bank of Beirut SAL and Riyadh Beirut Bank
SAL.
2.
Due to the fact that Bank of Beirut SAL, did not have
the financial strength and the Cash money in order to make a pied for the
purchase of 100% of the total shares of Riyadh Beirut Bank SAL.
3.
Messrs Salim George Sfeir (Chairman of the Board of
Directors and Director General of Bank of Beirut SAL) and Riad Tawfeeq Salameh
(Governor of Banque Du Liban) and Mr Sobhi Mohamed Othman (London Branch
Manager of Riyadh Beirut Bank SAL) did conspire together by way of discounting
the said US$104 Million Letter of Guarantee issued by the Central Bank of the
Republic of Central Africa without the written authority of HRH Prince Adel
El-Hashemite, in order to engage the resulted moneys from the discounted value
(i.e., 98% of the said US$104 Million Letter of Guarantee) into money
investment Banque Du Liban Treasury Bills Programs in Lebanese Pound Currency
and United States American Dollar Currency.
Theft
of HRH Prince Adel El-Hashemite’s Moneys
1.
As the result of this conspiracy , Mr Riad Tawfeeq
Salameh did make a written approval in his capacity as the Governor of Banque
du Liban (i.e., the Centrall Bank of the Republic of Lebanon) authorizing the
closure of all activities of Messrs Riyadh Beirut Bank SAL in all branches
within the jurisdiction of Lebanon, including the London Branch within the
jurisdiction of England (UK), starting from the beginning of June 2000,
pursuant to the merger process.
2.
And Mr Riad Tawfeeq Salameh did make a written approval
in his capacity as the Governor of Banque Du Liban authorizing the change of
the names imprinted at the entrances of all the Lebanese branches of Riyadh
Beirut Bank SAL into the name of Bank of Beirut SAL
3.
And Mr Riad
Tawfeeq Salameh (the Governor of Banque du Liban), did abuse his office
authority as the Governor of “Banque du Liban” and did engage the said US$104
Million Letter of Guarantee into a discounted financial operation, that made
Banque du Liban to pay 98% of the total face value of the said US$104 Million
Letter of Guarantee into a bank account in the name of HRH Prince Adel
El-Hashemite at Bank of Beirut SAL, without the knowledge and without the
written approval of HRH Prince Adel El-Hashemite, that is Banque du Liban did
pay the total sums of US$101,920,000.00 into a bank account held at Bank of
Beirut SAL with the knowledge of both Messrs Riad Tawfeeq Salameh and Salim
George Sfeir.
4.
Then, Mr Riad Tawfeeq Salameh, did engage the
US$101,920,000.00 into the 24 months Lebanese Government Treasury Bills in
Lebanese Pounds with 14.14% coupon payable at the end day of the 24 th month
from the date of purchase in June 2000.
The said 24 months Lebanese Government Treasury Bills were underwritten
and were issued by Banque du Liban.
5.
Further, Mr
Riad Tawfeeq Salameh, did abuse the authority of his office as the Governor of
Banque du Liban and made a special permission to discount the interest yield
14.14% Coupon by earlier payment and made the treasury of Banque du Liban to
pay 13.43% of the yield coupon plus 100% of the invested capital (i.e., 100% of
the total sums of US$101,920,000.00) that generated an immediate cash and paid
by Banque Du Liban into HRH Prince Adel El-Hashemite bank account at Bank of
Beirut SAL within days from the purchase date in June 2000, the total sums:
US$115,607,856.00.
6.
Not only that, but the conspiracy between Messrs. Riad
Tawfeeq Salameh and Salim George Sfeir did extend to the usage of
US$115,607,856.00 without the written approval of HRH Prince Adel El-Hashemite
into another 3 years One Billion Lebanese Government Treasury Bills in United
States American Dollar with a yield of 10.25% simple interest payable at the
end of every year.
7.
And Mr Riad Tawfeeq Salameh did authorize the purchase
price of the said 3 years One Billion Lebanese Government Treasury Bills in
United States American Dollar to be at 98.25% of the Principal Face Value of
the said 3 years One Billion Lebanese Government Treasury Bills in United
States American Dollar.
8.
Furthermore, Mr Riad Tawfeeq Salameh did abuse the
authority of his office as the Governor of Banque du Liban and made another
special permission to discount the interest yield 10.25% yearly Coupon by
earlier payment
9.
And Mr Riad Tawfeeq Salameh did make the treasury of
Banque du Liban to pay HRH Prince Adel El-Hashemite bank account at Bank of
Beirut SAL the 8.8953% of the yearly yield coupon plus 100% of the face value
of the Principal (i.e., 100% of the total sums of the principal of the said 3
years One Billion Lebanese Treasury Bills), that generated an immediate cash
into HRH Prince Adel El-Hashemite bank account at Bank of Beirut SAL within
days from the Purchase Date in June 2000, totaling the following sums :
1.75% the difference between the
purchase price (98.75%) of the Principal and the actual (100%) face value of
the Principal of the 3 years One Billion Lebanese Government Treasury Bills in
United States American Dollar
+
the discounted rate of the yearly
interest coupon mounting to 8.8953% multiply with 3 years + the actual 98.25%
principal invested value of the said 3 years One Billion Lebanese Treasury
Bills in USD =
US$17,500,000.00. + US$266,685,900.00 =
US$284,359,000.00
10. In addition to the original
US$115,920,000.00, that made the total cash generated in June 2000 from both
the 24 months Lebanese Treasury Bills in Lebanese Pounds plus the 3 years One
Billion Lebanese Treasury Bills in United States American Dollar were
US$399,966,856.00
11. These illegal activities of Mr
Riad Tawfeeq Salameh and Mr Salim George Sfeir were and remain to be serious
criminal offences defined as money laundry and serious fraud and corruption and
money racketeering , punishable by National and International Laws.
12. The Official Report of Mr
Ricardo eSkaf (Director of Department of Properties and Treasury at Banque du
Liban) to Mr Riad Tawfeeq Salameh in year 2002, did illustrate clearly beyond
any reasonable doubt the serious criminal offences.
Official
Report of the Director General of The Department of Properties and Treasury at
Banque du Liban illustrating the Criminal Offences committed in the Merger
(i.e., Bank Of Beirut SAL take over to Riyadh Beirut Bank SAL)
1.
This Official Report of Mr Ricardo eSkaf – the
Director General of the Department of Properties & Treasury at Banque du
Liban, was addressed to Mr. Riad Tawfeeq Salameh the Governor of Banque du
Liban.
And the Official Report of Mr Ricardo
eSkaf – the Director General of the Department of Properties & Treasury at
Banque du Liban (i.e., the Central Bank of the Republic of Lebanon), in the
matter of the Merger Between Messrs. Bank of Beirut SAL and Messrs. Riyadh
Beirut Bank SAL, marked Year 2002, without proper date.
In Page 1 of this Official Report of Mr
Ricardo eSkaf – the Director General of the Department of Properties &
Treasury at Banque du Liban, titled as the Subject : Transfer of Shares of
Riyadh Beirut Bank SAL and its Merger with Bank of Beirut SAL. In Article One :
Banque du Liban acceptance for Bank of Beirut SAL acquiring the Shares of
Riyadh Beirut Bank SAL. Under the said Article One is QUOTED:
“Bank of Beirut SAL requests the
approval of the Central Bank of Lebanon on its acquisition of 38,064,762 Shares
that is 75,525% from Riyadh Beirut Bank SAL total shares, evidenced by the
shares selling contract dated May 29,2002.”
UNQUOTED,
Meantime, In Page 17, Article Three –
Paragraph 2, of this Official Report of Mr Ricardo eSkaf – the Director General
of the Department of Properties & Treasury at Banque du Liban, is QUOTED:
“(Heading of Paragraph 2) COSTS OF 100%
OF RIYADH BEIRUT BANK SAL SHARES :
Bank of Beirut SAL requests a financial
cover for the total sums of US$25 Million being the price of ALL Shares of
Riyadh Beirut Bank SAL that is 50.4 Million Shares (Fifty Million Four Hundred
Thousand Shares) and not only US$18,867,997.00 of the purchased 38,037,882
Shares that is equivalent to 75.472% of the total Shares of Riyadh Beirut Bank
SAL. This is founded on hypothesis that
the balance of the price valuated US$6,122,003.00 (Six Million One Hundred
Twenty Two Thousand Three United States American Dollar) of the remaining
non-purchased 12,362,118 Shares (equivalent to 24.528%) currently in the
Contract of the total Shares of Riyadh Beirut Bank SAL, that shall be paid to
those shareholders upon dissolution of the merged Riyadh Beirut Bank SAL, in
order to fulfill the so called merging process.
This relies on that the price of shares is set by 75.472% of the total
shares and not deceit the small and the minority of shareholders.
We (i.e., Banque du Liban) shall refer
that Banque du Liban (i.e., Central Bank of Lebanon) has not ever covered
directly the shares price of the totally merged bank within facilitated loan
granted until this date pursuant to the Lebanese Banking Law Number 192/1993.”
UNQUOTED
By comparing the contents of the said
Official Report of Mr Ricardo eSkaf – the Director General of the Department of
Properties & Treasury at Banque du Liban, it is noted that on one hand Bank
of Beirut SAL is seeking the approval of Banque du Liban (i.e., the Central
Bank of Lebanon) for the purchase 38,064,762 Shares (equivalent to 75.525%) of
Riyadh Beirut Bank SAL total Shares mounting to 50,400,000 Shares; and on the
other hand Bank of Beirut SAL has already bought 38,037,882 Shares (equivalent
to 75.472%) of the total shares of Riyadh Beirut Bank SAL, that is,
contradiction is so clear.
Further, by comparing the contents of
the said Official Report of Mr Ricardo eSkaf – the Director General of the
Department of Properties & Treasury at Banque du Liban, it is noted that
Bank of Beirut SAL is seeking a long term loan from Banque du Liban (i.e., the
Central Bank of Lebanon) in order to purchase 100% of the total shares of
Riyadh Beirut Bank SAL, which proves that Bank of Beirut SAL did not have the
financial capability and strength to meet the requirements for taking over and
purchasing the 100% of the total shares of Messrs Riyadh Beirut Bank SAL.
Furthermore, the contents of the said
Official Report of Mr Ricardo eSkaf – the Director General of the Department of
Properties & Treasury at Banque du Liban, did point out the violation of
the Lebanese Banking Law Numbered: 192/1993 that was committed deliberately by
Mr Riad Tawfeeq Salameh – the Governor of Banque du Liban
2.
By looking at the contents of the said Official Report
of Mr Ricardo eSkaf – the Director General of the Department of Properties
& Treasury at Banque du Liban, it is noted in Page 2, that Bank of Beirut
SAL was seeking the approval of Banque du Liban for long term loan in the total
sums of L.L. 652 Billion (i.e., Six Hundred Fifty Two Billion Lebanese Pound @
(the exchange rate of Lebanese Pound 1,507 to United States American$1) equivalent
to US$432,647,644.33cc (i.e., Four Hundred Thirty Two Million Six Hundred Forty
Seven Thousand Six Hundred Forty Four United States American Dollar Thirty
Three Cent)), meantime, Bank of Beirut SAL total assets could not meet the
criteria of borrowing pursuant to the Lebanese Banking Law Numbered: 192/1993.
3.
By looking at the contents of Page 2 of the said
Official Report of Mr Ricardo eSkaf – the Director General of the Department of
Properties & Treasury at Banque du Liban, it is QUOTED:
“Bank of Beirut SAL is Seeking Approval
on increasing the facilitated loan in amounts representing all the engagements
and burdens not mentioned in the balance sheets of Riyadh Beirut Bank SAL, in
addition to the Letter of Guarantee and engagements issued by Riyadh Beirut
Bank SAL which are not duly recorded in its register or the balance sheets of
the three previous years which showed the six months from the date of the final
approval on the merging operations executed currently or in the future. Banque du Liban (i.e., the Central Bank of
Lebanon) shall preserve, after paying the mentioned amounts, the right of legal
and criminal pursuits, on its expense, for the persons it names as responsible
of committing personally, not jointly, the violation that led to incurring
Banque du Liban loses with these
amounts.”
UNQUOTED,
that means the said Director of
Properties and Treasury at Banque du Liban (Central Bank of Lebanon) is holding
the Governor (i.e., Riad Tawfeeq Salameh) responsible at all times in person
for criminal offences committed
a)
theft of public moneys; and
b)
theft of private moneys belonging to HRH Prince Adel
El-Hashemite; and
c)
serious fraud in the books and in the audit of Riyadh
Beirut Bank SAL for the year 2000 and the year 2001 and the year 2002 by way of
not recording deliberately the US$104 Million Letter of Guarantee issued by the
Central Bank of the Republic of Central Africa in favor of HRH Prince Adel
El-Hashemite; and
d)
money laundry in order to legalize the ownership of
the stolen moneys from HRH Prince Adel El-Hashemite; and
e)
corruption of Mr Riad Tawfeeq Salameh; and
f)
money racketeering ; and
g)
criminal attempt against HRH Prince Adel El-Hashemite;
and
h)
Organized Crime Group.
4.
By looking at the contents of Page 19 of the said
Official Report of Mr Ricardo eSkaf – the Director General of the Department of
Properties & Treasury at Banque du Liban, it is QUUOTED:
“Bank of Beirut SAL requests of Banque
du Liban to allow transferring the outcome of the discount of the Lebanese
Central Bank Treasury Bills in Lebanese Pound Currency including the 24 months
vouchers and Bank of Beirut SAL requests from Banque du Liban to convert the
said yield from Lebanese Pound Currency to United States American Dollar, and
Bank of Beirut SAL requests of Banque du Liban to invest the outcome yield into
the Lebanese Central Bank Treasury Bills in the United States American Dollar
with 3 years vouchers . This Operation
shall prevent Bank of Beirut SAL from the risks of the Debtor (i.e., the
Client) discount center estimated at 115 million United States American Dollar
and that by covering it.”
UNQUOTED
And by looking at the contents of Page
21 of the said Official Report of Mr Ricardo eSkaf – the Director General of
the Department of Properties & Treasury at Banque du Liban, it is QUOTED:
“Article No: 6 : The Module and
Assumptions adopted in the calculation of the Outcome Yield from the requested
Loan :
Paragraph – 1 : Module of the Loan :
The Module of the unconditional Loan
adopted in the merger processes adjudged in the investment of the Loan’s Moneys
into the 24 Months Lebanese Central Bank Treasury Bills in the Lebanese Pound
Currency underwritten and marketed in the International Market. And the financial instrument (i.e., the
US$104 Million Letter of Guarantee issued by the Central Bank of the Republic
of Central Africa payable to HRH Prince Adel El-Hashemite) used is to be
discounted with 2% less than its face value, in order for the moneys resulted
from this discount to be invested into the 24 months Lebanese Central Bank
Treasury Bills underwritten in the Lebanese Pound Currency and marketed in the
International Financial Market. On
maturity of the said Treasury Bills, the outcome yield of moneys is to be
re-invested into the 12 months Lebanese Central Bank Treasury Bills, revolving
until the end of the term of the unconditional Loan.”
UNQUOTED,
By comparing the contents of Page 19
with the contents of Page 21 of the said Official Report of Mr Ricardo eSkaf –
the Director General of the Department of Properties & Treasury at Banque
du Liban, AND from the records of the public register of Riyadh Beirut Bank SAL
at Beirut Companies Registry within Beirut Commercial Court, it is noted that
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the immediate
takeover of Riyadh Beirut Bank SAL by Bank of Beirut SAL without going through
the Formal Procedure illustrated by the Lebanese Banking Law Number 192/1993
and such authorization of Mr Riad Tawfeeq Salameh was and remains to be in
violation to the Lebanese Banking Law Number 192/1993 ; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the immediate
appointment of Mr Salim George Sfeir as the Extra-Ordinary Director of Board of
Directors of Messrs Riyadh Beirut Bank SAL in order to execute any instrument
in the name of the Board of Directors of Messrs Riyadh Beirut Bank SAL ; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the immeditate
appointment of Mr Salim George Sfeir as the Director General and the Chief Executive
Officer and the Sole Signatory of Messrs Riyadh Beirut Bank SAL in order to
execute any instrument in the name of the Management of Messrs Riyadh Beirut
Bank SAL; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the immediate change
of Riyadh Beirut Bank SAL Name outside the Head Office & Branches Buildings
to the name of Bank of Beirut SAL, that is, Riyadh Beirut Bank SAL Head Office
& Branches have already stopped trading and politic publicly in its name as
Riyadh Beirut Bank SAL started from June 2000 , that is, ALL Offices of Riyadh
Beirut Bank SAL started to trade and to politic publicly in the name of Bank of
Beirut SAL since June 2000; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the discount of the
US$104 Million Letter of Guarantee issued by Banque des etats de l’Afrique
Centrale (i.e., the Central Bank of the Republic of Central Africa) which was
received by Riyadh Beirut Bank SAL London Branch on the 12 th day of February
2000, at 2% less of the actual face value of the said US$104 Million Letter of
Guarantee maturing on the 10 th day of October 2000, which was payable to HRH
Prince Adel El-Hashemite, without the knowledge and without the written
approval of HRH Prince Adel El-Hashemite; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in
conspiracy with Mr Salim George Sfeir (Chairman of the Board and the Director
General of Bank of Beirut SAL) did authorize in June 2000 the misuse of the discounted moneys of the said US$104 Milliion Letter of
Guranatee totaling the sums US$101,920,000.00cc (One Hundred One Million Nine
Hundred Twenty Thousand United States American Dollar) into the 24 Months
Lebanese Central Bank Treasury Bills underwritten in the Lebanese Pound
Currency with interest value 14.14%; and
§ the Governor (i.e., Mr Riad
Tawfeeq Salameh) of Banque du Liban (i.e., the Central Bank of Lebanon) in conspiracy
with Mr Salim George Sfeir (Chairman of the Board and the Director General of
Bank of Beirut SAL) did authorize in June 2000 the discount of the said 24
months Lebanese Central Bank Treasury Bills before maturity date by way of
making Banque du Liban paying 100% of the Principal plus 13.43% interest value
as yield after being discounted from the original interest value 14.14%, that made Banque du
Liban to pay in few days from the purchase the following total sums : 100% of
the invested Principal (i.e., US$101,920,000.00cc) + the discounted interest
value 13.43% (US$13,687,856.00cc) = US$115,607,856.00cc, that is why the
Director of Department of Properties & Treasury at Banque du Liban did make
reference in Page 19 of his Official Report to the Governor (Riad Tawfeeq
Samaleh) of Banque du Liban stating : “This Operation shall prevent Bank of
Beirut from the risks of Debtor (i.e., the Client – HRH Prince Adel
El-Hashemite) deduction center estimated at 115 Million United States American
Dollar and that by covering it”.
It clear that Mr Salim George Sfeir
(Chairman of the Board of Directors and the Director General of Bank of Beirut
SAL) could not be able to put his hand on the moneys resulted from these
illegal financial operations committed without the cover up of Mr Riad Tawfeeq
Salameh – the Governor of Banque du Liban (i.e., the Central Bank of Lebanon).
And it is clear the serious criminal
offences committed by Mr Riad Tawfeeq Salameh and Senior Staff of Banque du
Liban in conspiracy with Mr Salim George Sfeir and the Board of Directors of
Riyadh Beirut Bank SAL and the Board of Directors of Bank of Beirut SAL and the
Management of Riyadh Beirut Bank SAL and the Management of Bank of Beirut SAL
and the Lebanese Auditors (Delliot & Toch)
of both Riyadh Beirut Bank SAL and Bank of Beirut SAL.
And it is clear the serious criminal
fraud committed by Mr Riad Tawfeeq Salameh by way of misusing the official seal
of Banque du Liban to approve the forged audited financial statements of both
Riyadh Beirut Bank SAL and Bank of Beirut SAL, in order for the correspondent
banks of the said two Lebanese banks (i.e., Riyadh Beirut Bank SAL and Bank of
Beirut SAL) within the jurisdiction of the United States of America to accept
the forged audited financial statements as authentic.
And it is clear the serious criminal
fraud committed by Mr Riad Tawfeeq Salameh by way of misusing the Official Seal
of Banque du Liban to market the Lebanese Central Bank Treasury Bills into the
International Stocks Exchange Markets, including the United States of America
Market.
And it is clear the serious criminal
offences committed by Lebanese Organized Crime Group headed by Mr. Riad Tawfeeq
Salameh – the Governor of Banque du Liban.
And it is clear the money laundry
offence committed by Mr Riad Tawfeeq Salameh by way of misusing the Official
Seal of Banque du Liban to legalize the ownership of the stolen moneys from HRH
Prince Adel El-Hashemite, that is considered an International Crime pursuant to
the United Nations Treaty where the Government of the United States of America
was and remains at all times a signatory to this Treaty Anti-Money Laundry.
5.
By looking at the contents of Article Five in Page 19
of the said Official Report of Mr Ricardo eSkaf – the Director General of the
Department of Properties & Treasury at Banque du Liban, it is QUUOTED:
“Article Five : Miscellaneous Matters
Paragraph – 1
The portfolio of the facilitated
credits granted by the Central Bank of Lebanon (i.e., Banque du Liban) to all
the merging operations completed until this date, are Lebanese Pound 739.6
Billion (equivalent to US$490,776,376.91cc).
Bank of Beirut SAL requests a facilitated credit of Lebanese Pound 625
Billion, for merging operation with Riyadh Beirut Bank SAL.”
UNQUOTED,
that makes it clear the inability of
Bank of Beirut SAL to fulfill the requirements and guide lines setup by the
Lebanese Banking Law Numbered 192/1993 for Banque du Liban to grant approval of
merger and taking over of all the shares of Riyadh Beirut Bank SAL.
6.
ALL the said amounts of cash were generated by the
Lebanese Organized Crime Group headed by Riad Tawfeeq Salameh – the Governor of
Banque du Liban, that resulted from the theft of HRH Prince Adel El-Hashemite’s
moneys and the illegal investment of the stolen moneys from HRH Prince Adel
El-Hashemite.
Riad Toufic Salamé
Governor of the Lebanese Central Bank
Fugitive
Fugitive - Birthplace: Kfardebian Beirut, Lebanon
- Date of Birth: July 17, 1950
- Mother's Name: Renee
- Father's Name: Toufic
- School: College Notre Dame de Jamhour
- University: American University of Beirut. Degrees: BA Economics
- Languages Spoken: Arabic, French, English
- 1973-1976: Merrill Lynch, Beirut, Lebanon
- 1976-1978: Merrill Lynch, Paris, France
- 1978-1985: Merrill Lynch, Beirut, Lebanon
- 1985-1993: Merrill Lynch, Paris, France, Vice President and Financial Counselor
- Governor of the Banque du Liban as of August 1, 1993
- Best Arab Banker in 1996, Euromoney Award
- Knight of the Legion of honour Decree dated 31st May 1997, bestowed upon him by French President Mr. Jacques Chirac.
- Chairman of the Special Investigation Commission against Money Laundering since its establishment in 2001
- Euromoney Magazine Award, Best Central Bank Governor for 2003 (Man of the Year)
- A Shield Award from Banking for Better Future, an organization of Arab Bankers, upon his selection as one of the best 20 Central Bank Governors in the world for 2005
- Euromoney Award 2005, Best Central Bank Governor for the Middle East
- Euromoney Award 2006, Best Central Bank Governor in the world
Main Office:
Lebanonwire,
Chahine Bldg.,
Sioufi,
Athena Street,
Achrafieh,
Beirut, Lebanon
P.O.Box: 16-5435, Beirut, Lebanon.
Lebanonwire,
Chahine Bldg.,
Sioufi,
Athena Street,
Achrafieh,
Beirut, Lebanon
P.O.Box: 16-5435, Beirut, Lebanon.
Telephone: 961-3-335512,
961-1-333187
Fax: +9611200325
Fax: +9611200325
Top Management
- Farid Chedid, Editor in Chief/Publisher
Email: lebanonwire@lebanonwire.com
Email: ecrr@inco.com.lb
- Marwan Jabbour, General Manager
Email: lebanonwire@lebanonwire.com
- Farid Chedid, Editor in Chief/Publisher
Email: lebanonwire@lebanonwire.com
Email: ecrr@inco.com.lb
- Marwan Jabbour, General Manager
Email: lebanonwire@lebanonwire.com
North America Representative
Hashem Hashem
Phone: (613)731-4926
Cel: (613)220-8565
Email: hashem@prominentlebanese.com
1032 Dakota Ave.
Ottawa, Ontario
K1G 2W2
Canada
Hashem Hashem
Phone: (613)731-4926
Cel: (613)220-8565
Email: hashem@prominentlebanese.com
1032 Dakota Ave.
Ottawa, Ontario
K1G 2W2
Canada
