The Lebanese financial authorities lifted banking secrecy rules on 17 bank accounts suspected of involvement in money laundering, embezzlement and terrorist funding in 2013, the Central Bank’s Special Investigation Commission reported Thursday.
In the introduction to the report, Central Bank Governor Riad Salameh was quoted as saying that the 17 cases were referred to the general prosecutor.
“Furthermore, corruption-related funds were traced and returned to the Tunisian government and work was done through the judicial committee tasked with developing a manual on recovering corruption related funds smuggled to Lebanon,” he said.
Detailed news link: click here
Link to the Annual report from SIC for year 2013: click here