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France has opened a probe into the personal wealth of Riad Salameh, central bank chief in crisis-hit Lebanon, sources told AFP Sunday.

Chairman Director General at the state-run internet company OgeroTelecom voiced alarm on Sunday that the company’s services would gravely be affected by the continuous rise in power rationing.

The investigations into the August 2020 mega-explosion at Beirut port are making progress and the indictment will be issued within a few months, informed sources said.

The Presidency and its team are “not responding” to Speaker Nabih Berri’s initiative for the formation of the new government, al-Mustaqbal Movement deputy head Mustafa Alloush said.

Parliament Speaker Nabih Berri has emphasized that he “will not accept this paralyzed situation,” stressing that his government formation initiative is still ongoing and that he will not back down from it.

After the Central Bank issued a memo asking Lebanese banks to pay monthly fresh dollar sums to depositors, questions arose on whether the banks will abide by the decision, especially after they reportedly said in a leaked letter that they lack the ability to do so.

A week-long grilling of former Renault-Nissan boss Carlos Ghosn in Lebanon by French investigators was the first "fair" treatment he received since his arrest in Japan, his lawyers said Friday.

The Banque du Liban (BDL) -- Lebanon’s central bank -- on Friday issued a memo to Lebanese banks to monthly pay every depositor $400 in “fresh” cash as well as the equivalent of $400 in Lebanese lira at the Sayrafa platform rate.

Caretaker Prime Minister Hassan Diab on Friday urged the United Nations to urgently consider "alternative means" to fund the U.N.-backed Special Tribunal for Lebanon, which may close over a cash crisis.
"Taking into account the ongoing acute crises that Lebanon suffers from... (we) would be grateful to Your Excellency for urgently exploring different and alternative means of financing" for the STL, Diab wrote in a letter to U.N. chief Antonio Guterres.

Parliament Speaker Nabih Berri is still betting that he can revive his governmental initiative in cooperation with Maronite Patriarch Beshara al-Rahi, media reports said on Friday.
