Archive · 29 Jan 2026

Germany Seeks to Confiscate Property in Lebanon Central Bank Probe

Germany Seeks to Confiscate Property in Lebanon Central Bank Probe

German prosecutors want to keep some properties and money they took from a man named Riad Salameh.

He used to be the head of Lebanon's central bank.

They think he and others took $330 million from the bank and laundered it in Europe.

Riad says the money is his and he didn't do anything wrong.

The properties are in Munich, Hamburg, and Düsseldorf and are worth about 35 million euros.

Lebanon wants this money back to help their country.

The case is still being decided.

Sources