Report: BDL stops buying dollars as Salameh seeks to go to UAE
Outgoing Central Bank chief Riad Salameh and the political forces and money changers he cooperates with are seeking monetary and financial instability in the Lebanese market, a media report said on Tuesday.
“The Central Bank on Friday stopped purchasing dollars from the market until further notice,” al-Akhbar newspaper reported.
“Salameh is going home and is seeking to show that there will be chaos when he leaves,” the daily added.
Reminding of reports that Salameh wants to live in the UAE after his retirement, al-Akhbar said he has sought to “pacify the UAE authorities, relying on Lebanese and Emirati businessmen.”
“One of the most prominent Emirati investors in Lebanon has managed to recover a large part of his trapped deposit whose original value exceeded $100 million,” the daily added.
25 July 2023, 17:46
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BDL audit starts by $24 Billion stolen since 2019 by political mafia in charge (Hizb, Berri, FPM). The $24 billion could have solved many problems and officially employed and documented Syrian labor. Power can be 100% from renewable with $10 billion (see Masdar & WDRVM & Hydro). Two new modern airports for $3 billion. Upgrade Beirut & Tripoli ports for $2 billion. Monorail from Tripoli to Tyr for $3 billion (see 100 Km Bombardier Monorail in Eqypt for $3B). Two tunnels linking ports to Bekaa & Akar for $2 billion (purchase TBM for cheaper future tunnels). Road network upgrade for $1 billion. 100% fiber optic with new cables to Cyprus/Europe for $1 billion. Tourism boost by investing in world-class museums, artificial island/port for cruise ship, ski lifts & nature stops for $1 Billion, and Modern fishery for $1 billion… This is not to mention the $50 billion stolen by FPM and its cronies from energy ministry leaving country polluted and in darkness. Bring the mafia to justice!
25 July 2023, 18:30
02
Al-Akhbar or God’s newspaper is again enlightening us on Salameh’s crimes and diabolic deals to escape to UAE. Never has been more garbage newspaper, run by a bigoted editor, twisting truth at behest of a criminal organization occupying Lebanon & spreading Basij mentality. Any developing country would have been fortunate for central bank governor stabilizing money for decades despite political risk & political mafia controlled by a criminal organization. Stable currency & political stability are key for growth. Rafiq Hariri & Salameh were guiding Lebanon to new Singapore with growth higher than Turkey & China while Hizb & its Useful Idiots were stabbing economy at every step. A miracle currency survived for 20 years prior to devaluation. What’s tragic comic is those characters on Al-Jadid playing investor Clouseau while ignoring the hundreds of billion cost of Hizb actions on our economy from Hariri & M14 assassination to freezing government, political risk and isolation?
