Skip to main content

Monaco closes corruption probe into Lebanese PM

A three-year probe against Lebanon’s caretaker prime minister and his family over corruption allegations has been closed by Monaco's judicial authorities for lack of evidence, the premier's office said Friday.

Prime Minister Najib Mikati’s office said that Morgan Raymond, the deputy public prosecutor in Monaco, told the Lebanese premier's legal team that they have closed the investigation into the case that was raised by unspecified Lebanese plaintiffs on allegations of illicit enrichment and money laundering.

STRIKE PLANNED FOR AIR TRAFFIC CONTROLLERS AT LEBANON'S ONLY CIVILIAN AIRPORT

Mikati’s office said Monaco's decision shows that the case was "fake" and meant "for political purposes." It added that Mikati and his family will take legal action against those who were behind these "lies and rumors."

In 2021, a trove of leaked documents named the "Pandora Papers," that were examined by the International Consortium of Investigative Journalists and Daraj, a Beirut-based independent digital media platform, showed that for years, Lebanon’s politicians and bankers have stowed wealth in offshore tax havens and used it to buy expensive properties.

UNRWA TEMPORARILY SUSPENDS SERVICES IN LEBANON'S LARGEST REFUGEE CAMP AMIDST CONCERN OVER ARMED GROUPS

Mikati has owned a Panama-based offshore company since the 1990s. He used it in 2008 to buy property in Monaco worth more than $10 million, Daraj reported from the documents.

The leaked documents also show that Mikati's son Maher was a director of at least two British Virgin Islands-based companies, which his father’s Monaco-based company, M1 Group, used to obtain an office in central London.

Mikati at the time released a statement saying his family fortune was amassed prior to his involvement in politics and was "compliant with global standards" and regularly scrutinized by auditors.



from Latest World News on Fox News https://ift.tt/FbcTCpv
https://ift.tt/OMS5Fxt
Labels:

Comments

Post a Comment

Popular posts from this blog

Frenzy of tiger sharks feast on whale carcass off Australian coast

Drone footage captured by rangers shows dozens of tiger sharks feeding on the carcass of a humpback whale off the Australian coast .  The feasting involved some 50 tiger sharks scavenging a humpback whale that died of natural causes and was floating adrift in the Great Sandy Marine Park off Hervey Bay, which is about 180 miles north of Brisbane.  MONTANA MAN SENTENCED TO OVER 3 YEARS FOR TRAFFICKING EAGLE FEATHERS, PARTS The frenzy, captured on video by marine park rangers Sunday afternoon, prompted a warning from the Queensland Department of Environment and Science , reminding people to keep their distance from stranded or deceased marine animals.  "Where there are dead whales, there are likely sharks nearby and this vision clearly shows why this is the case," senior ranger Daniel Clifton told Australia’s news.com.au .  "The death of one whale, although sad, creates a life source for many other scavenging animals, including fish, sharks, and other marine like....
Post a Comment
Read more

Married pilot snorts cocaine off topless woman in booze-fueled romp before flight: report

A British Airways pilot was suspended and eventually fired after he was reported for drinking and using cocaine the night before a return flight to London. Mike Beaton, a pilot with British Airways, had a night off after a flight to Johannesburg last month that he used to indulge in large amounts of alcohol and snort cocaine off the chest of a topless woman, according to a report from the New York Post. Beaton, a married father of one, according to the report, revealed his night of antics to a fellow crew member before a return flight to London, telling her that he had been a "very naughty boy" during an exchange of text messages. BRITISH AIRWAYS INVESTIGATING REPORTS STEWARDESS IS OFFERING SEXUAL SERVICES BETWEEN FLIGHTS The pilot reportedly told the flight attendant in the text exchange that he had met two local men, a Welsh woman and a "young Spanish bird" at a Johannesburg nightclub the night before, when they engaged in hours of drinking and eventually fou...
Post a Comment
Read more

UK's $125M AI chip investment not enough to keep pace in tech race, experts warn: 'Go big or go home'

The United Kingdom has pledged to spend 100 million pounds (or $125.8 million) on buying and developing computer chips necessary for artificial intelligence (AI) systems in a move that seeks to cement Britain as a global leader in the sector, but experts worry it is not enough to match the competitive market.  "The U.K. has a valuable perspective on AI development – sitting between the U.S. free-for-all position and the EU regulatory approach – that makes it the perfect venue for the first international AI global safety conference," Alan Mendoza, co-founder and executive director of the Henry Jackson Society, told Fox News Digital.  British Prime Minister Rishi Sunak plans to build thousands of high-powered artificial intelligence chips, building on a deal struck between the U.K. and U.S. during his state visit in June when he and President Biden signed the "Atlantic Declaration."  The White House touted the agreement as something that would ensure that the ...
Post a Comment
Read more