21/08/2014
Banque Du Liban operates as sovereign money laundering enterprise
Corruption of Riad Tawfeeq Salameh Governor of Banque du Liban (Central Bank of the Republic of Lebanon)
Fugitive : Riad Tawfeeq (Taoufic) SALAMEH
WANTED BY ECOWAS POLICE INTERNATIONAL ARREST WARRANT
pursuant to the Judicial Order of the Honorable Chief Justice Ellen Wood Esq.
Prince Adel El-Hashemite did own 30% of SOGIC that is a private company by shares based in the Republic of Central Africa and operated in the field of gold and diamond mining.
After election of a new President to the Republic of Central Africa, this elected new President of the said Central Africa Republic did make a decree to nationalize SOGIC. On the 10 th day of October 1999, the Director of the Central Bank of the Republic of Central Africa did evaluate Prince Adel El-Hashemite stake into SOGIC in the sums of US$104,000,000.00 (One Hundred Four Million United States American Dollar).
The Director of the Central Bank of the Republic of Central Africa did contact Prince Adel El-Hashemite in Lebanon and informed His Royal Highness for the urgent need in providing the said Central Bank of Central Africa with name of a bank and address and name of the bank manager in order to arrange swiftly the settlement of payment of the said US$104,000,000.00 from the Central Bank of the Republic of Central Africa to His Royal Highness nominated bank account at His Royal Highness chosen bank.
In January 2000, Prince Adel El-Hashemite did contact Mr Sobhi Mohamed Osman (London Branch Manager) of Messrs. Riyadh Beirut Bank S.A.L. in London (UK) and concluded all arrangements with the Central Bank of the Republic of Central Africa.
In early days of February 2000, Messrs. Central Bank of the Republic of Central Africa did issue a Letter of Guarantee in the total sums of US$104,000,000.00 payable to the name of His Royal Highness Prince Adel El-Hashemite at Messrs. Riyadh Beirut Bank S.A.L. London Branch (UK), on the 10 th day of October 2000.
The Director of the said Central Bank of the Republic of Central Africa did deliver the said Letter of Guarantee to Messrs. Riyadh Beirut Bank S.A.L. London Branch (UK) via DHL Courier. Mr. Sobhi Mohamed Osman did sign the safe receipt of the DHL airway bill Number : 4383381155, on the 12 th day of February 2000.
After the death of Mr Hasaan Mansour the Chairman and Director General of Messrs Riyadh Beirut Bank S.A.L. in May 2000, who was the major shareholder of Riyadh Beirut Bank SAL, Mr. Riad Tawfeeq Salameh (the Governor of Banque du Liban) did conspire with Mr. Salim George Sfeir (the Chairman and Director General of Messrs Bank of Beirut S.A.L.) in order to make Bank of Beirut SAL take over Riyadh Beirut Bank SAL (including London Branch), under the so called merger between Bank of Beirut SAL and Riyadh Beirut Bank SAL.
Due to the fact that Messrs Bank of Beirut SAL did not have the financial strength in order to make a pied for the purchase of the total 100% of the shares of Messrs. Riyadh Beirut Bank SAL. Therefore, Mr Riad Tawfeeq Salameh did make a written approval in the name of Banque du Liban as the regulator of banks in the Republic of Lebanon, authorizing the closure of all activities of Messrs Riyadh Beirut Bank SAL in all branches within the jurisdiction of Lebanon, including the London Branch within the jurisdiction of England (UK), starting from the beginning of June 2000, pursuant to the merger process. Meantime, Messrs Bank of Beirut SAL (represented by Mr Salim George Sfeir) did manage, with the help of Mr Sobhi Mohamed Osman (the London Branch Manager of Riyadh Beirut Bank SAL), to miss-use the said US$104 Million Letter of Guarantee of the Central Bank of the Republic of Central Africa and to have the said US$104 Million Letter discounted by Messrs. Banque du Liban, without the written authority of Prince Adel El-Hashemite. And Mr Riad Tawfeeq Salameh (the Governor of Banque du Liban) did abuse his office authority as the Governor of the Central Bank of the Republic of Lebanon (that is known by the name of “Banque du Liban”) and did engage the said US$104 Million Letter of Guarantee into a discounted financial operation, that made Banque du Liban to pay 98% of the total face value of the said US$104 Million Letter of Guarantee into a bank account in the name of Prince Adel El-Hashemite at Bank of Beirut SAL, even without the knowledge of the Client (Prince Adel El-Hashemite), that is Banque du Liban did pay the total sums of US$101,920,000.00 into a bank account held at Bank of Beirut SAL with the knowledge of both Messrs Riad Tawfeeq Salameh and Salim George Sfeir.
Then, Mr Riad Tawfeeq Salameh did engage the US$101,920,000.00 into the 24 months Lebanese Treasury Bills in Lebanese Pounds with 14.14% coupon payable at the end day of the 24 th month from the date of purchase in June 2000 that is underwritten and issued by Banque du Liban.
Further, Mr Riad Tawfeeq Salameh did abuse the authority of his office as the Governor of Banque du Liban and made a special permission to discount the interest yield 14.14% Coupon by earlier payment and made the treasury of Banque du Liban to pay 13.43% of the yield coupon plus 100% of the invested capital (i.e., 100% of the total sums of US$101,920,000.00) that generated an immediate cash into Prince Adel El-Hashemite bank account at Bank of Beirut SAL within days in June 2000, totaling the sums : US$115,607,856.00.
Not only that, but the conspiracy between Messrs. Riad Tawfeeq Salameh and Salim George Sfeir did extend to the usage of US$115,607,856.00 into another 3 years One Billion Lebanese Treasury Bills in United States American Dollar with a yield of 10.25% simple interest every year, at a purchase price 98.25% of the said 3 years One Billion Lebanese Treasury Bills in USD. Furthermore, Mr Riad Tawfeeq Salameh did abuse the authority of his office as the Governor of Banque du Liban and made another special permission to discount the interest yield 10.25% yearly Coupon by earlier payment and made the treasury of Banque du Liban to pay 8.8953% of the yearly yield coupon plus 100% of the invested capital (i.e., 100% of the total sums of the principal of the said 3 years One Billion Lebanese Treasury Bills), that generated an immediate cash into Prince Adel El-Hashemite bank account at Bank of Beirut SAL within days in June 2000, totaling the sums : 1.75% the difference between the purchase price of the Principal and the actual face value of the Principal + the discounted rate of the yearly interest coupon mounting to 8.8953% multiply in 3 years + the actual 98.25% principal invested value of the said 3 years One Billion Lebanese Treasury Bills in USD = US$17,500,000.00. + US$266,685,900.00 = US$284,359,000.00
In addition to the original US$115,920,000.00, that made the total cash generated in June 2000 from both the 24 months Lebanese Treasury Bills in Lebanese Pounds plus the 3 years One Billion Lebanese Treasury Bills in United States American Dollar were US$399,966,856.00
ALL the said amounts of cash were generated from the theft of Prince Adel El-Hashemite ’s moneys and without the knowledge of Prince Adel El-Hashemite.
Despite the fact that Prince Adel El-Hashemite did visit the Head Quarter of Riyadh Beirut Bank SAL in Beirut inquiring about the reason of Riyadh Beirut Bank SAL London Branch not answering the phone calls and not receiving the facsimile messages that Prince Adel El-Hashemite was trying to get through in the matter of the said US$104 Million Letter of Guarantee of the Central Bank of the Republic of Central Africa that should be paid into Prince Adel El-Hashemite bank account at Riyadh Beirut Bank SAL London Branch on the 10 th day of October 2000. Prince Adel El-Hashemite did find out that the name of Riyadh Beirut Bank SAL at the Head Quarter was changed to Bank of Beirut SAL. Prince Adel El-Hashemite did make several contacts with the Central Management of Bank of Beirut SAL (in October 2000), but without any serious respond or reply about Prince Adel’s financial rights. And Prince Adel did not receive any written notification of closure from Riyadh Beirut Bank SAL, in order to have his bank account at Riyadh Beirut Bank SAL London Branch closed and transferred to another bank.
On 1 st day of February 2004, Prince Adel El-Hashemite did go to the building at 17A Curzon Street London W1J 5HS, trying to find out any information related to Riyadh Beirut Bank SAL London Branch registered agent. Then Prince Adel found an English Company by Shares registered in the name of Bank of Beirut (UK) Ltd at the same address of Riyadh Beirut Bank SAL London Branch, since year 2002.
Prince Adel El-Hashemite did find Mr Sobhi Mohamed Osman working as a Director of Bank of Beirut (UK) Ltd, that is, Mr Sobhi Mohamed Osman was promoted by Mr Salim George Sfeir from job title as local London Branch Manager to a Director member of the Board of Directors of the 100% English Subsidiary Company (known by the name of Bank of Beirut (UK) Ltd) owned by Bank of Beirut SAL (the Lebanese based bank).
Prince Adel El-Hashemite asked Mr Sobhi Mohamed Osman about the US$104 Million Letter of Guarantee issued by Banque des etats de l’Afrique Centrale (i.e., the Central Bank of the Republic of Central Africa) which was received by Riyadh Beirut Bank SAL London Branch on the 12 th day of February 2000. Mr Sobhi Mohamed Osman did give the official envelop of Banque des etats de l’Afrique Centrale which contained the original Letter of Guarantee and the DHL Airway Bill. It is noted that Mr Sobhi Mohamed Osman did place the official stamp of Riyadh Beirut Bank SAL London Branch several times on the Official Envelope of Banque des etats de l’Afrique Centrale and placed his signatures to his (Mr Sobhi Mohamed Osman) hand written statements alleging falsely that the addressee (i.e., HRH Prince Adel El-Hashemite) not known to us and opened by error. Prince Adel El-Hashemite did ask Mr Sobhi Mohamed Osman on the reason for keeping the said US$104 Million Letter of Guarantee in the safe of Bank of Beirut (UK) Ltd and not returning it to the originator (i.e., to Messrs Banque des etats de l’Afrique Centrale). No reply was given by Mr Sobhi Mohamed Osman.
Prince Adel El-Hashemite did initiate an Arbitral Proceeding against Bank of Beirut SAL on February 7 th, 2004 before ECOWAS Court of International Arbitration. The Clerk of ECOWAS Court of International Arbitration did service the Claim and Acknowledgement Service Form to Bank of Beirut SAL (the First Respondent) in Beirut and to Mr. Riad Tawfeeq Salameh (the Second Respondent). On the 20 th day of February 2004, Mr Salim George Sfeir did sign Section A of the Claim and Acknowledgement Service Form under the Seal and on behalf of Bank of Beirut SAL before the Consulate Section at the British Embassy in Beirut. Mrs Trudy Curry Vice Consul at the British Embassy in Beirut did attest and did witness the signature of Mr Salim George Sfeir as the Chairman of the Board and as the Director General of Bank of Beirut SAL. Further, Bank of Beirut SAL represented by Mr Salim George Sfeir did accept the jurisdiction of ECOWAS Court of International Arbitration and accepted the Claim brought up by Prince Adel El-Hashemite and did not wish to dispute Prince Adel El-Hashemite ‘s Claim.
On the 17 th day of March 2004, an Absolute Final Arbitral Award did enter in favor of Prince Adel El-Hashemite against Bank of Beirut SAL. A duplicate original of this Absolute Final Arbitral Award dated March 17 th, 2004, was served on Bank of Beirut SAL in Lebanon, by the Clerk of ECOWAS Court of International Arbitration.
On the 12 th day of August, 2004, Mr Salim George SFeir did execute and sign a Special Resolution on behalf of the Board of Directors of Bank of Beirut SAL and under the common seal of Bank of Beirut SAL, affirming the acceptance of this Absolute Final Arbitral Award dated on March 17 th, 2004 issued by ECOWAS Court of International Arbitration. This Special Resolution of the Board of Directors of Bank of Beirut SAL did accept the transfer all the 100% of Shares of the said Bank of Beirut SAL as part payment of the outstanding debt owed to Prince Adel El-Hashemite, including the transfer of all the 100% of the shares of the English Subsidiary Company known by the name “Bank of Beirut (UK) Ltd.
On the 6 th day of June 2005, Mr Salim George Sfeir the Chairman of the Board of Directors and the Director General of Bank of Beirut SAL did execute and signed under the common seal of Bank of Beirut SAL a Deed of Irrevocable Power of Attorney in order to appoint Prince Adel El-Hashemite as an Irrevocable General Attorney-in-fact who shall be at all times empowered to execute and to sign any instrument, whatsoever and when ever and where ever and without limitation to its generality, under the common seal of Bank of Beirut SAL and on behalf of Bank of Beirut SAL and in the name of the Board of Directors of Bank of Beirut SAL in order to implement the terms of this Absolute Final Arbitral Award dated on March 17 th, 2004. Further, the adjudged sums of moneys evidenced by this Absolute Final Arbitral Award was and remains to be at all time US$335,202,813.90cc plus interest rate 0.1% per day to day compounded calculated from March 17 th, 2004 until the actual date of enforcement of payment.
On the 18 th day of December 2006, the First Instant Civil Court of Beirut did render an Absolute Final Court Order Numbered : 72/2006 pursuant to Article 303 of the Lebanese Civil Judicial Code, that gave all the legal rights to Prince Adel El-Hashemite for the enforcement of all the terms illustrated within this Absolute Final Arbitral Award Numbered: 070204E07 dated March 17 th,2004, issued by ECOWAS Court of International Arbitration. But, due to the influence of the corrupted Mr Riad Tawfeeq Salameh, Prince Adel El-Hashemite was and remains unable to enforce the Lebanese Court Order Numbered : 72/2006, and due to the fact that the outstanding debt owed by Bank of Beirut Sal to Prince Adel El-Hashemite has mounted to the total sums :US$3,731,371,227.00cc until the closing banking date on October 24 th,2010. And due to the fact that Messrs Riad Tawfeeq Salameh and Salim George Sfeir did conspire and misused the stolen moneys from Prince Adel El-Hashemite by way of engaging in purchasing shares of Messrs. Laiki Bank (Australia) Ltd (Australian based bank) and Beirut Hellenic Bank (Cypriot based bank)
See attached copy of
The Final Absolute Judgement Numbered : 72/2006
given under the seal of Beirut First Instant Civil Court of Justice
by the Honorable Judge Fadi Elias Esq.
on the 13 th day of December 2006
