Latest news with #AminSalam
LBCI
30-06-2025
- Business
- LBCI
Judge Halawi questions advisor to former Economy Minister Amin Salam in embezzlement and money laundering case
Fadi Tamim, an advisor to former Economy Minister Amin Salam, is under investigation by Beirut's First Investigative Judge, Bilal Halawi, for suspected embezzlement of public funds, as well as forgery and money laundering, according to the National News Agency. As of now, the judge has refrained from issuing a detention order or releasing Tamim on bail, as the interrogation is still ongoing and awaiting the arrival of other defendants. Judge Halawi also heard testimony from two witnesses in the case. He is set to question Elie Abboud, head of the Association of Certified Public Accountants and a defendant in the case, on Tuesday and will hear from representatives of insurance companies as witnesses.
LBCI
19-06-2025
- Politics
- LBCI
Beirut Judge issues arrest warrant for former Economy Minister Amin Salam
Beirut's First Investigative Judge Bilal Halawi issued an arrest warrant for former Economy Minister Amin Salam after a two-hour interrogation session. Salam is facing multiple charges, including forgery, embezzlement of public funds, misuse of public money, extortion, and accepting bribes. The charges were previously brought against him by acting Financial Prosecutor Judge Dora El Khazen.
Asharq Al-Awsat
12-06-2025
- Business
- Asharq Al-Awsat
Lebanon's Former Economy Minister Detained on Corruption and Embezzlement Charges
Former Lebanese Economy Minister Amin Salam was arrested on Wednesday by order of Public Prosecutor Jamal al-Hajjar on multiple corruption-related suspicions, including embezzlement of public funds and the signing of questionable contracts during his tenure. The arrest follows a three-hour interrogation by the Internal Security Forces' Information Branch, conducted in the presence of Salam's lawyer, Samer al-Hajj. The move comes just two weeks after Salam was initially questioned at the Beirut Justice Palace. At that time, al-Hajjar had released him on a residency guarantee, lifted his travel ban, and returned his passport. However, new evidence has since prompted further legal action. According to a senior judicial source, the renewed investigation was triggered by a formal complaint filed by the parliamentary Economic Committee, which accused Salam of embezzlement, forgery, illicit enrichment, and extortion of insurance companies in exchange for contract renewals. The Ministry of Economy reportedly submitted documentation indicating that several contracts signed by Salam were marked by serious irregularities and signs of corruption. A new case was subsequently opened, prompting the Public Prosecutor to instruct the Information Branch to summon Salam for further questioning — a session that ultimately led to his detention. The investigation is expected to expand beyond Salam himself. Authorities are reportedly looking into the activities of his inner circle at the ministry. Al-Hajjar plans to transfer the case to the Financial Prosecutor's Office, which will determine further charges and refer the file to Investigative Judge Bilal Halawi. Halawi will then decide whether to issue a formal arrest warrant, release Salam on bail, or keep him in detention. Salam's legal troubles are not new. His former advisor, Fadi Tamim, was previously sentenced to one year in prison in a separate insurance-related corruption case. His brother and former chief of staff, Karim Salam, was also arrested two months ago and remains in custody. This marks the first arrest of a senior Lebanese official on corruption charges since 2003, signaling what many observers see as a potentially significant shift in Lebanon's long-stalled accountability efforts.
12-06-2025
- Politics
A former Lebanese economy minister is arrested on corruption charges
BEIRUT -- A former Lebanese Cabinet minister has been arrested and charged after an investigation into alleged financial crimes, judicial and security officials told The Associated Press. Former Economy Minister Amin Salam was detained after a three-hour interrogation about illegal use of ministry funds and use of suspicious contracts. The three judicial officials and one security official spoke on condition of anonymity because they were not authorized to speak to the press. Lebanon has been trying to reform its battered economy, which for decades has been rife with profiteering. Salam has been charged with forgery, embezzlement, and misuse of public funds. Local media said it was related to alleged extortion of private insurance companies and using funds from a committee that supervises those companies for his own expenses. Salam did not directly comment. On Monday, however, he shared a video on social media that denied the reports and asserted that his use of those funds was to increase the committee's efficacy and transparency. Salam was economy minister for over three years. He was appointed in 2021 at a time when Lebanon's economy had plummeted and the country was plagued by severe power outages, fuel shortages and stark food inflation.
Yahoo
12-06-2025
- Business
- Yahoo
A former Lebanese economy minister is arrested on corruption charges
BEIRUT (AP) — A former Lebanese Cabinet minister has been arrested and charged after an investigation into alleged financial crimes, judicial and security officials told The Associated Press. Former Economy Minister Amin Salam was detained after a three-hour interrogation about illegal use of ministry funds and use of suspicious contracts. The three judicial officials and one security official spoke on condition of anonymity because they were not authorized to speak to the press. Lebanon has been trying to reform its battered economy, which for decades has been rife with profiteering. Salam has been charged with forgery, embezzlement, and misuse of public funds. Local media said it was related to alleged extortion of private insurance companies and using funds from a committee that supervises those companies for his own expenses. Salam did not directly comment. On Monday, however, he shared a video on social media that denied the reports and asserted that his use of those funds was to increase the committee's efficacy and transparency. Salam was economy minister for over three years. He was appointed in 2021 at a time when Lebanon's economy had plummeted and the country was plagued by severe power outages, fuel shortages and stark food inflation. Kareem Chehayeb, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
