France probes HSBC over Lebanon funds

The French Public Prosecutor's Office announced that the Swiss branch of HSBC Bank is facing charges related to money laundering and involvement in an organized crime ring, as part of investigations into stolen funds from Lebanon. The charges against the bank include assisting in the transfer of illegal funds and suspicions of its connection to the Riad Salameh scandal, regarding cases of corruption and embezzlement of Lebanese public funds. The court imposed a financial bail of 80 million euros on the bank, and the investigation is still ongoing, with the bank cooperating with French authorities.

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