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Banque du Liban HQ in Beirut. (Credit: João Sousa/L'Orient-Le Jour)
Add as preferred on Google Financial prosecutor Maya Majed launched prosecutions Monday in the V-Invest case, targeting the transport company and other institutions and individuals. V-Invest is suspected of acting as an intermediary in transfers totaling an estimated $60 million from Banque du Liban accounts to those of beneficiaries close to former central bank Gov. Riad Salameh. The other institutions and individuals are suspected of participating in the alleged embezzlement scheme involving forgery and are also accused of illicit enrichment and violating the Currency and Credit Code. Read more Who owns the recovered funds BDL wants to use to repay depositors? The entities targeted include al-Mawared Bank, chaired by Marwan Kheireddine, and Banque Misr Liban, which was headed by Fadi Daouk at the time of the alleged acts. Two other companies suspected of... You have reached your article limit.Stay informed as events unfold across a region in flux.Subscribe for $0.5/month for the first 3 months. Subscribe now Log in This article is only available to L’Orient Today subscribers. Subscribe now Log in Create a free account to continue reading this article. You’ll also receive The Morning Brief, our must-read daily digest of Middle East news. Opt out anytime Email Address Password Email Address Password I would like to receive special offers from L'Orient Today as well as selections of the best articles. Register By creating an account, you agree to the terms and conditions of use and our privacy policy. Register Or register with: Facebook
Already have an account? Login here En Français60 millions USD transférés depuis la BDL : le parquet financier poursuit plusieurs personnes et sociétés
