Recent comments in /f/worldnews

autotldr t1_ja54yni wrote

This is the best tl;dr I could make, original reduced by 82%. (I'm a bot)


> A large share of the $300-500 million that the governor of the central bank of Lebanon is accused of having embezzled ended up on the accounts of 12 Swiss banks, the SonntagsZeitung newspaper reported on Sunday.

> The charges are the product of an 18-month probe by Lebanon into whether Salameh and his brother Raja embezzled millions of dollars from the central bank between 2002 and 2015.

> The Swiss Financial Market Supervisory Authority has also been conducting preliminary investigations into 12 Swiss banks "For months", the paper said.


Extended Summary | FAQ | Feedback | Top keywords: bank^#1 Swiss^#2 million^#3 central^#4 Lebanon^#5

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BezugssystemCH1903 OP t1_ja54r3m wrote

A large share of the $300-500 million that the governor of the central bank of Lebanon is accused of having embezzled ended up on the accounts of 12 Swiss banks, the SonntagsZeitung newspaper reported on Sunday.

These revelations come just three days after Lebanese authorities long-time central bank governor (head of the Banque du Liban (BDL) since 1993) Riad Salameh, his brother Raja and one of his assistants with money laundering, embezzlement and illicit enrichment after months of delay in a high-profile case.

The charges are the product of an 18-month probe by Lebanon into whether Salameh and his brother Raja embezzled millions of dollars from the central bank between 2002 and 2015. Judicial authorities in at least five European countries are investigating the Salameh brothers over the same allegations.

The brothers have denied the charges. The governor has dismissed accusations of illicit enrichment as part of an effort to scapegoat him for Lebanon's financial collapse, which brought new scrutiny of his three decades as governor.

According to SonntagsZeitung, $250 million were deposited in Raja Salameh's personal account at the HSBC branch in Geneva. Other sums were deposited at UBS, Credit Suisse, Julius Baer, EFG and Pictet, the Swiss paper said. It claims the transactions were carried out through an offshore company registered in the British Virgin Islands, named Forry Associates and created in 2001. "Considerable sums" were then purportedly transferred to buy real estate in several European countries.

The Office of the Attorney General of Switzerland initiated criminal proceedings for serious suspicion of money laundering in October 2020 and the procedure is still ongoing. According to SonntagsZeitung, millions of dollars in funds have already been frozen, but the federal prosecutor's office does not provide a figure.

The Swiss Financial Market Supervisory Authority (Finma) has also been conducting preliminary investigations into 12 Swiss banks "for months”, the paper said. A spokesperson confirmed to the SonntagsZeitung that proceedings have been initiated against two financial institutions in the "Lebanese context”. The names of the banks have not been made public.

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Personal-Alfalfa-935 t1_ja54kum wrote

We don't know exactly what happened. We have tidbits, from anonymous sources given to journalists. Furthermore, members of the current government are among the accused. In that situation, a committee his government controls and a closed door investigation are insufficient. That is why we need an independent, public investigation of some form: because the public needs to see the results of this and because the liberals cannot be able to control the entirety of an investigation largely into themselves.

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macross1984 t1_ja53g52 wrote

Putin can surrender and give himself up as war criminal and Russia will have chance to survive and hopefully recover without another corrupt leader (big if) taking over.

But since you behave like Hitler you might want to take an alternative means of exit with pistol.

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Ivcsi t1_ja53993 wrote

Talk about a bad idea... They could route traffic through one of their friendlier neighbours, or just have their agents work out of different nations.

What that would do is further reinforce the global precedent of "if you oppose the incumbent order we can do whatever we want".

That might not sound like a bad thing to you, but nations aren't friendly fairies flying around spreading love through the hills. There are plenty of nations out there that, while not openly hostile, don't want to exist for the rest of eternity in a USA dominated world.

India, as an example, has a bright outlook for the future, and is already very concerned by what the global reaction to the Ukrainian war may mean for its future.

At the end of the day, all justifications of right and wrong aside, we basically live in a world where America and American aligned nations can bend and bypass international laws as they see fit, while nations opposed to these collective powers can not. While America may have no reason to oppose a nation like India today, that may very well change in the future.

Doing something like cutting a nation off from the internet will without a doubt convince many other nations to lower their reliance on the world wide net so that they never find themselves on the wrong side of the gun. This would inevitably translate to things like invasive national firewalls, state endorsed copy right infringement, and secondary networks between non-Western nations (ala a central Asia network).

And then there's also the risk of Russia taking this as a sign of "well maybe I should just cut your wires as well".

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BluishHope t1_ja51iu5 wrote

You have very dangerous views, which are showing your thought process quite well.
Being a civilian isn't some shield of status in a world of ashes, if you must resort to violence, you use it against whomever is damaging you. Their accountability in their actions is what makes one a possible, widely accepted target, not the other way around.
Plus, you seemingly know very little of the issue, as the population numbers of Palestinians in the Palestinian Territories are booming. Worst genocide ever.

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