Lebanon freezes bank accounts of former central bank governor and associates

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Lebanon freezes bank accounts of former central bank governor and associates
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Lebanon has frozen the bank accounts of former central bank governor Riad Salameh and four of his associates, a statement by the Special Investigation Commission said on Monday.

Lebanon has also lifted banking secrecy on the accounts of all five individuals, which include Salameh, his brother Raja, his son Nady, his former assistant Marianne Hoayek and Anna Kosakova, with whom Riad has a daughter, the statement said.

The brothers and Hoayek have all been charged in Lebanon over embezzlement and other financial crimes. Salameh, in messages to Reuters, denied the allegations made by the three sanctioning countries and said he would challenge them. Some of his assets had already been frozen in previous investigations, he said.

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