And the Bank of England. Because does anyone really believe the central banks of the USA and the UK are any less corrupt than Lebanon’s central bank? There is presumably a reason the Fed has vehemently resisted being audited since Ron Paul first started calling for a public audit.
Switzerland’s attorney-general is investigating allegations that Lebanon’s central bank governor and his brother embezzled more than $300m from that institution through transactions to a mysterious offshore company.
“Since April 2002 at least, it appears the central bank governor, Riad Salame, with help from his brother, Raja Salame, organised embezzlement operations, . . . exceeding $300m to the detriment of the Banque du Liban [BdL],” the Swiss attorney-general’s office wrote in a letter to the Lebanese authorities requesting mutual legal assistance. The letter, sent in November last year, was leaked and is publicly available online on a Lebanese news site.
A Lebanese official confirmed the authenticity of the letter. The Swiss attorney-general’s office confirmed to the FT a “criminal investigation into suspicions of aggravated money laundering . . . in connection with possible embezzlement to the detriment of the Banque du Liban”, and that it had requested help from Lebanese “competent authorities”.
Clown world is collapsing. The tide is receding and soon we’ll see who is naked.