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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    30 years of rule and influence.. The arrest of the Governor of the Central Bank of Lebanon is a “ser

    Rocky
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    30 years of rule and influence.. The arrest of the Governor of the Central Bank of Lebanon is a “ser Empty 30 years of rule and influence.. The arrest of the Governor of the Central Bank of Lebanon is a “ser

    Post by Rocky Tue 10 Sep 2024, 4:16 am

    [size=35][size=35]30 years of rule and influence.. The arrest of the Governor of the Central Bank of Lebanon is a “serious lesson” from Beirut to Baghdad[/size]
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    2024-09-10 | 04:35
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    Alsumaria News - Politics

    Surreal scenes were witnessed in Beirut, when dozens or hundreds of Lebanese gathered to sit in front of the Palace of Justice (the court complex) in Lebanon, to be close observers and witnesses to one of the most exceptional events in the history of Lebanon, represented by the arrest and trial of the Governor of the Central Bank of Lebanon, Riad Salameh.


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    Salameh had been arrested last Tuesday, about a week ago, by the Public Prosecutor, before appearing yesterday, Monday, before the acting First Investigative Judge in Beirut, who issued an in-person ruling to arrest Salameh, which perhaps caused shock, astonishment and “euphoria” among the Lebanese people, with complete disbelief and confidence in the incident of arresting a figure of this stature, in a country suffering from a crisis of confidence among the people towards the authorities, as is happening in Iraq, to ​​the point that the matter was described as “a judicial precedent in Lebanon.”



    Salameh, who ruled the Central Bank of Lebanon from 1993 until July 2023, for 30 years, is one of the figures that can be described as "red lines", as he is currently being tried on charges of "stealing public funds, illicit enrichment, money laundering, and tax evasion", while he is being held responsible for the financial crisis in Lebanon and the loss of Lebanese depositors' money in banks.

    Despite doubts about the seriousness of moving forward with Salameh's trial, the arrest of a figure of this magnitude has opened a new debate in Iraqi circles about "happy and possible endings" in the file of the people's hostility towards the sultans and thieves of public money, and anticipation of a repetition of this scene in Iraq, as Lebanon, which is similar to Iraq in many ways, makes it likely that major figures in Iraq will face the same fate, especially with the periodic and temporal fluctuations in unstable countries, which are inevitably governed by international obligations with the outside world.

    The money Salama is accused of embezzling is $41 million, and when comparing this number with the amount of corruption money in Iraq, it becomes clear that it is worth nothing. Estimates indicate that the corruption money that Iraq has lost ranges between $250 and $450 billion, of which more than $150 billion was smuggled abroad.

    Iraqis are raising their questions and hopes for a repeat of the scene of Salama’s arrest in Lebanon, on figures from the senior ranks in Iraq, similar to Salama, in addition to questions about whether politicians in Iraq and other figures will learn from the lesson and try to avoid Salama’s fate.
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