Lebanon’s foreign minister held talks Monday with the Swiss ambassador to Beirut after Switzerland started a probe into possible money laundering and embezzlement at the Mideast country’s central bank.
Foreign Minister Charbel Wehbi and ambassador Monika Schmutz Kirgoz did not offer comments following their meeting, saying only that the probe is a matter that judicial authorities are dealing with.
Switzerland’s attorney general said last week he has asked Lebanon for cooperation into the probe, without offering further details. It’s not clear what prompted the Swiss investigation. Lebanon is facing its worst economic and financial crisis in its modern history.
Riad Salameh, the governor of Lebanon's Central Bank, speaks during a press conference, in Beirut, Lebanon, Nov. 11, 2019. On Monday, Jan. 25, 2021, Lebanon’s foreign minister held talks Monday, Jan 25, 2021, with the Swiss ambassador to Beirut after Switzerland started a probe into possible money laundering and embezzlement at the Mideast country’s central bank. On Monday, the governor issued a statement saying reports about large transfers “are very exaggerated and have nothing to do with reality.” (AP PhotoHussein Malla)
Lebanon’s Central Bank Governor Riad Salameh denied last week he had made any transfers of the bank’s funds. On Monday, shortly after the meeting between Wehbi and Kirgoz, the governor issued a statement saying reports about large transfers “are very exaggerated and have nothing to do with reality.”
They allegedly aim to tarnish the image of the central bank and its governor “but lies won’t succeed," said Salameh, who has been questioned by Lebanon’s prosecutor general, Judge Ghassan Oweidat.
Swiss legislator Fabian Molina has been campaigning for months for Swiss authorities to act against corruption in Lebanon. On Sunday, he said he was pleased “there is finally a movement in connection with the billions (of dollars) stolen from the Lebanese people.”
Molina added he expects the Swiss government and the Financial Market Authority to take action “to block further funds and prevent future cases of money laundering by Swiss banks.”
Lebanon is facing its worst economic and financial crisis in its modern history and as of late 2019, private banks enforced informal capital controls, limiting withdrawals and blocking transfers abroad. The value of Lebanon’s currency tumbled against the dollar amid an unprecedented shortage of foreign currencies.
The government defaulted on its foreign debts and began talks with the International Monetary Fund for a rescue package.
Amid the chaos, reports surfaced of capital transfers, including by government officials.
A government-commissioned international audit of the central bank faltered after the New York-based company hired to do it said it was unable to acquire needed information and documents.
Salameh, who has held the central bank post since 1993, has defended his role, alleging a systematic campaign meant to hold him responsible for the country’s financial crisis.
BEIT MERI, Lebanon (AP) — Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli intelligence operatives.
The killing of Mohammad Srour, 57, who was sanctioned by the U.S., was like something out of an international spy thriller. Pistols equipped with silencers and gloves were found in a bucket of water at the scene, along with chemicals apparently intended to remove fingerprints and other evidence, Interior Minister Bassam Mawlawi said in an interview with The Associated Press. Thousand of dollars in cash were left scattered around Srour’s body, as if to dispel any speculation that robbery was the motive.
“Lebanese security agencies have suspicion or accusations that Mossad was behind this operation,” Mawlawi said, referring to the Israeli spy agency. “The way the crime was carried out led to this suspicion.”
He provided no specific evidence for his allegations. Mawlawi said the investigation is still ongoing and once it's over, the results will be made public and referred to judicial authorities.
The Israeli prime minister’s office, which oversees Mossad, did not immediately respond to a request for comment.
The suspicion by Lebanon’s security agencies that the crime could be the work of Israeli agents comes at a time when Lebanon’s southern border region has been rocked by ongoing clashes between militants of the Hamas-allied Hezbollah group and Israeli troops.
The U.S. Treasury sanctioned Srour in 2019 over his alleged money transfers from Iran through Hezbollah to the Palestinian militant group Hamas in the Gaza Strip.
“Mohammad Srour’s activity in money exchange is known, as are the transfers of money from which side to which side,” Mawlawi said.
Srour’s killing earlier this month, came as U.S. and Israeli officials have been trying to crack down on transfers of funds to Hamas. The push has intensified following the Oct. 7 Hamas-led attack on southern Israel that triggered the devastating war in Gaza and its ripple effects around the region.
Last month, a senior U.S. Treasury official visiting Beirut pressed Lebanese authorities to prevent funds from being funneled to Hamas through the tiny country. Jesse Baker, deputy assistant secretary of the Treasury for Asia and the Middle East in the Office of Terrorist Financing and Financial Crimes, met with top Lebanese political and financial officials.
Israel's military said it has killed a number of money exchangers in Gaza for allegedly funding Hamas.
Srour’s killing was clearly planned in advance. Three Lebanese judicial officials familiar with the investigation told the AP that a man posing as a customer had contacted Srour from abroad and asked him to deliver a cash transfer to a woman in the mountain resort of Beit Meri.
The officials, who spoke on condition of anonymity because the investigation is ongoing, said Srour first went with his nephew and left after handing the woman the money. He was contacted by the same person with another request a day after his first visit, the officials said. This time he went alone, after which his family lost contact with him.
Mawlawi said the cellphone the woman used to get in touch with Srour was only activated to contact him.
He said the perpetrators had first tried to rent an apartment in Beirut’s southeastern suburb of Hazmieh, a detail that has not been previously reported, but they later canceled, apparently because “they did not find (the apartment) suitable to carry out the operation."
Mawlawi said the killers then shifted to the quiet town of Beit Meri, famous for its posh homes with red-brick roofs, sprawling forest and Roman-era archaeological site, where they rented a three-story villa on the edge of the town using fake Lebanese identity cards. The General Security Directorate is looking into the identities of people who entered and left the country around the period of the killing, he said.
Srour went missing on April 3 in Beit Meri, and his body was found a week later in the villa. Mawlawi said investigators found “a large number of bullet” wounds in different parts of his body, including his arms and legs. He was reportedly handcuffed.
The villa is located on a quiet side street lush with trees.
“We did not hear anything,” said Christian Francis, who lives across the street from the villa where Srour was killed. He added that most people in the highly secured area have dogs, while municipal police have a checkpoint nearby and the Lebanese army has a post few hundred meters (yards) away.
Beit Meri’s mayor, Roy Abou Chedid, told the AP that the apartment was rented in late February to an unknown person for one year for $48,000. He added that the family that owns the villa did not register the rental contract at the municipality but had paid its municipal taxes on time in November.
“The operation was carried out in a way that is more than professional,” Abou Chedid said, adding that the neighbors did not suspect anything and it took security agencies some time to locate which house Srour’s body was in.
A Hezbollah spokesperson declined to comment on the killing citing the ongoing investigation. The spokesperson refused to say whether Srour was a Hezbollah member but said that he worked in the past for the al-Qard al-Hasan Association, the financial arm of the Iran-backed group.
Israel has a long history of targeted killings in Lebanon, including drone strikes that have killed high-ranking Hezbollah commanders over the past six months. At least 260 Hezbollah members have been killed by Israel in that period.
The U.S. has accused Srour of transferring tens of millions of dollars annually from Iran’s Islamic Revolutionary Guard Corps to Hamas’ military wing, the Qassam Brigades, alleging that starting in 2014, Srour “was identified as in charge of all money transfers” from the IRGC to the Qassam Brigades.
Srour’s family members have not given media interviews since his body was found but said in a televised statement that all his financial transactions were transparent and he simply worked in currency exchange. They urged security agencies to swiftly find the perpetrators.
During Srour’s funeral in his hometown of Labweh in northeast Lebanon, a Hezbollah flag was flown over his coffin and scores of men and women chanted “death to America and death to Israel” as they marched toward the cemetery.
Chehayeb reported from Beirut. Associated Press writer Josef Federman contributed to this report from Jerusalem.
A municipal police officer stands outside a villa where the Lebanese money changer Mohammad Srour, 57, was found tortured and killed in Monte Verdi neighborhood of Beit Meri, Lebanon, Tuesday, April 16, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo/Hassan Ammar)
Lebanese Interior Minister Bassam Mawlawi, speaks during an interview with the Associated Press at the interior ministry in Beirut, Lebanon, Tuesday, April 16, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo/ Hassan Ammar)
In this grab taken from video, mourners carry the coffin of Lebanese money changer Mohammad Srour, 57, who was found tortured and killed inside a villa in Monte Verdi neighborhood of Beit Meri, during his funeral procession in Labweh village, near the border with Syria, northeast Lebanon, Thursday, April 11, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo)
Medical gloves sit outside a villa where money changer Mohammad Srour, 57, was found tortured and killed in Monte Verdi neighbourhood of Beit Meri, Lebanon, Tuesday, April 16, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo/Hassan Ammar)
In this grab taken from video, mourners pray over the coffin of Lebanese money changer Mohammad Srour, 57, who was found tortured and killed inside a villa in Monte Verdi neighborhood of Beit Meri, during his funeral procession in Labweh village, near the border with Syria, northeast Lebanon, Thursday, April 11, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo)
Lebanese authorities sealed the main door of a villa where money changer Mohammad Srour, 57, was found tortured and killed in Monte Verdi neighbourhood of Beit Meri, Lebanon, Tuesday, April 16, 2024. The mysterious abduction and murder of a United States-sanctioned Lebanese money changer in a three-story villa on the edge of a quiet mountain resort town overlooking Beirut was most likely the work of Israeli operatives, Lebanon's interior minister said Wednesday. (AP Photo/Hassan Ammar)
Municipal police officers patrol outside a villa where the Lebanese money changer Mohammad Srour, 57, was found tortured and killed in Monte Verdi neighbourhood of Beit Meri, Lebanon, Tuesday, April 16, 2024. Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese financier in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. (AP Photo/Hassan Ammar)
