The French Court of Cassation has canceled the asset seizures placed on former Lebanese Central Bank Governor Riad Salameh in France, Belgium, and the UK. The court found problems in the legal case and sent it back to a lower court for a full review.
The court ruled that France has no power to seize assets outside its borders. This means the seizures in Belgium and the UK were not legal, and no future asset seizures can happen outside France.
The court also said that Salameh was not given a fair chance to defend himself. Now, a lower court will reconsider whether to seize his assets in France once the case is fully reviewed.
Case Will Be Reviewed Again
The court also said that Salameh was not given a fair chance to defend himself. Now, a lower court will reconsider whether to seize his assets in France once the case is fully reviewed.
According to Annahar
