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Lebanon ex-central bank chief's corruption case being sent to top court, officials say [Yahoo! Finance Canada]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Riad Salameh was released on $14 million bail in September after a year in prison while awaiting trial in Lebanon on corruption charges, including embezzlement and illicit enrichment. The trial of Salameh, 75, and his two legal associates, Marwan Khoury and Michel Toueini, will now be heard at the Court of Cassation, according to a copy of the notice obtained by the AP. Salameh and the others will be issued with arrest warrants if they don't show up for trial at the court. No trial date has been set yet. Salameh denies the charges. The court's final ruling can't be appealed, according to the four officials who spoke on condition of anonymity, because they weren't authorized to speak with the media. In September 2024, he was charged with the embezzlement of $42 million , with the court later adding charges of illicit enrichment over an apartment rented in France, supposedly to be a substitute office for the central bank if needed. Officials have said that Salameh had rented from Show less Read more
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