Lebanon's Central Bank governor Riad Salameh, speaks during the opening of the annual Arab Economic Forum in Beirut, Lebanon, May 12, 2016. REUTERS/Mohamed Azakir
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All eyes are focused on Central Bank Governor Riad Salameh as the debate over the controversial U.S. law targeting Hezbollah's finances takes center stage.Hezbollah claims that some banks are closing certain accounts without referring the case first to the Central Bank and the Special Investigation Commission, an allegation denied by banks.Some news media reported Tuesday that the Central Bank's clarification on the U.S. law targeting Hezbollah has apparently soothed some of the concerns of the party at least for the time being. Central Bank Circular 137 called on Lebanese banks to implement the U.S. law and that's what we did," a banker told the newspaper.The banker insisted that banks are not interested in politics and what they are doing is simply abiding by international rules, which include the U.S. law on Hezbollah.
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