Former Lebanese minister and Al Mawarid Financial institution chairman, Marwan Kheireddine, faces fees in France, leading to a journey ban however no detention.
He’s accused of protecting 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 don’t have any selection however to cooperate with French judiciary, in response to the each day.
Al-Akhbar’s knowledgeable French sources indicated that if Kheireddine affords “names and particulars” concerning the suspects, judicial measures towards him could possibly be eased.
In any other case, the potential penalties embrace a 10-year jail sentence, freezing of personal belongings, and seizure of properties.
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The newspaper additionally revealed that unnamed sources counsel Kheireddine’s fees 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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