File - Central Bank governor Riad Salameh speaks during an interview in Beirut, Monday, Sept. 16, 2013. (The Daily Star/Mohammad Azakir)
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Central Bank Governor Riad Salameh dismissed allegations of money laundering activities in Lebanon as nothing more than psychological warfare against the banking sector.The Association of Banks in Lebanon last week called on Parliament to ratify three draft laws to combat money laundering that the Cabinet already approved three years ago.Lebanon also created the SIC over 10 years ago to investigate any complaint of suspicious money laundering, terrorist funding and financial embezzlement.In 2013, the Lebanese financial authorities lifted banking secrecy rules on 17 bank accounts suspected of involvement in money laundering, embezzlement and terrorist funding in 2013, according to a report by the SIC.
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