DUBAI: Iran’s nuclear chief on Wednesday dismissed a suggestion that the head of the International Atomic Energy Agency (IAEA) Rafael Grossi would visit Iran next month but instead invited Grossi to a conference in Tehran in May.
Grossi said this week Iran was continuing to enrich uranium well beyond the needs for commercial nuclear use and said he planned to visit Tehran next month to tackle “drifting apart” relations between the IAEA and the Islamic Republic.
But Mohammad Eslami said a visit next month was unlikely due to a “busy schedule” without giving further clarification. “Iran’s interactions with the IAEA continue as normal and discussions are held to resolve ambiguities and develop cooperation,” he said at a weekly press conference in Tehran.
Eslami said Grossi had been invited to attend Iran’s first international nuclear energy conference in May.
Speaking to Reuters on Monday, Grossi said while the pace of uranium enrichment had slowed slightly since the end of last year, Iran was still enriching at an elevated rate of around 7kg of uranium per month to 60 percent purity.
Enrichment to 60 percent brings uranium close to weapons grade, and is not necessary for commercial use in nuclear power production. Iran denies seeking nuclear weapons but no other state has enriched to that level without producing them.
Under a defunct 2015 agreement with world powers, Iran can enrich uranium only to 3.67 percent. After then-President Donald Trump pulled the US out of that deal in 2018 and re-imposed sanctions, Iran breached and moved well beyond the deal’s nuclear restrictions.
The UN nuclear watchdog said the 2015 nuclear deal “is all but disintegrated.”
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Iran dismisses plan by UN nuclear watchdog head to visit next month
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Iran dismisses plan by UN nuclear watchdog head to visit next month
- IAEA’s Rafael Grossi: Iran continuing to enrich uranium well beyond the needs for commercial nuclear use
- Under a defunct 2015 agreement with world powers, Iran can enrich uranium only to 3.67 percent
Lebanon ex-central bank chief's corruption case being sent to top court, officials say
BEIRUT: The corruption case of Lebanon's former central bank governor, who is widely blamed for the country’s economic meltdown, has been transferred to the country's highest court, judicial officials told The Associated Press on Tuesday.
Riad Salameh was released on $14 million bail in September after a year in prison while awaiting trial in Lebanon on corruption charges, including embezzlement and illicit enrichment.
The trial of Salameh, 75, and his two legal associates, Marwan Khoury and Michel Toueini, will now be heard at the Court of Cassation, according to a copy of the notice obtained by the AP. Salameh and the others will be issued with arrest warrants if they don't show up for trial at the court.
No trial date has been set yet. Salameh denies the charges. The court’s final ruling can't be appealed, according to the four officials who spoke on condition of anonymity, because they weren't authorized to speak with the media.
In September 2024, he was charged with the embezzlement of $42 million, with the court later adding charges of illicit enrichment over an apartment rented in France, supposedly to be a substitute office for the central bank if needed. Officials have said that Salameh had rented from his former romantic partner for about $500,000 annually.
He was once celebrated for steering Lebanon’s economic recovery, after a 15-year civil war, upon starting his long tenure in 1993 and keeping the fragile economy afloat during long spells of political gridlock and turmoil.
But in 2023, he left his post after three decades with several European countries investigating allegations of financial crimes. Meanwhile, much of the Lebanese blame his policies for sparking a fiscal crisis in late 2019 where depositors lost their savings, and the value of the local currency collapsed.
On top of the inquiry in Lebanon, he is being investigated by a handful of European countries over various corruption charges. In August 2023, the United States, United Kingdom and Canada imposed sanctions on Salameh.
Salameh has repeatedly denied allegations of corruption, embezzlement and illicit enrichment. He insists that his wealth comes from inherited properties, investments and his previous job as an investment banker at Merrill Lynch.
Lebanon’s current central bank governor, Karim Souaid, announced last week that he's filing legal complaints against a former central bank governor and former banking official who diverted funds from the bank to what he said were four shell companies in the Cayman Islands. He didn't name either individual.
But Souaid said that Lebanon's central bank would become a plaintiff in the country's investigation into Forry Associates. The U.S. Treasury, upon sanctioning Salameh and his associates, described Forry Associates as “a shell company owned by Raja (Salameh’s brother) in the British Virgin Islands” used to divert about $330 million in transactions related to the central bank.
Several European countries, among them France, Germany, and Luxembourg, have been investigating the matter, freezing bank accounts and assets related to Salameh and his associates, with little to no cooperation from the central bank and Lebanese authorities.
Souaid said that he will travel later this month to Paris to exchange “highly sensitive” information as France continues its inquiries.
Riad Salameh was released on $14 million bail in September after a year in prison while awaiting trial in Lebanon on corruption charges, including embezzlement and illicit enrichment.
The trial of Salameh, 75, and his two legal associates, Marwan Khoury and Michel Toueini, will now be heard at the Court of Cassation, according to a copy of the notice obtained by the AP. Salameh and the others will be issued with arrest warrants if they don't show up for trial at the court.
No trial date has been set yet. Salameh denies the charges. The court’s final ruling can't be appealed, according to the four officials who spoke on condition of anonymity, because they weren't authorized to speak with the media.
In September 2024, he was charged with the embezzlement of $42 million, with the court later adding charges of illicit enrichment over an apartment rented in France, supposedly to be a substitute office for the central bank if needed. Officials have said that Salameh had rented from his former romantic partner for about $500,000 annually.
He was once celebrated for steering Lebanon’s economic recovery, after a 15-year civil war, upon starting his long tenure in 1993 and keeping the fragile economy afloat during long spells of political gridlock and turmoil.
But in 2023, he left his post after three decades with several European countries investigating allegations of financial crimes. Meanwhile, much of the Lebanese blame his policies for sparking a fiscal crisis in late 2019 where depositors lost their savings, and the value of the local currency collapsed.
On top of the inquiry in Lebanon, he is being investigated by a handful of European countries over various corruption charges. In August 2023, the United States, United Kingdom and Canada imposed sanctions on Salameh.
Salameh has repeatedly denied allegations of corruption, embezzlement and illicit enrichment. He insists that his wealth comes from inherited properties, investments and his previous job as an investment banker at Merrill Lynch.
Lebanon’s current central bank governor, Karim Souaid, announced last week that he's filing legal complaints against a former central bank governor and former banking official who diverted funds from the bank to what he said were four shell companies in the Cayman Islands. He didn't name either individual.
But Souaid said that Lebanon's central bank would become a plaintiff in the country's investigation into Forry Associates. The U.S. Treasury, upon sanctioning Salameh and his associates, described Forry Associates as “a shell company owned by Raja (Salameh’s brother) in the British Virgin Islands” used to divert about $330 million in transactions related to the central bank.
Several European countries, among them France, Germany, and Luxembourg, have been investigating the matter, freezing bank accounts and assets related to Salameh and his associates, with little to no cooperation from the central bank and Lebanese authorities.
Souaid said that he will travel later this month to Paris to exchange “highly sensitive” information as France continues its inquiries.
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