Lebanon’s Central Bank Governor Questioned In Corruption Hearing

BEIRUT, Lebanese Central Bank Governor, Riad Salameh, was yesterday, questioned for the first time, in a hearing over charges of embezzlement of funds, money laundering and bribery, the al-Jadeed TV reported.The hearing was attended by European officia…

BEIRUT, Lebanese Central Bank Governor, Riad Salameh, was yesterday, questioned for the first time, in a hearing over charges of embezzlement of funds, money laundering and bribery, the al-Jadeed TV reported.

The hearing was attended by European officials, who visited Lebanon as part of their probe into whether Salameh embezzled 300 million U.S. dollars from the central bank, with the help of his brother.

Salameh failed to appear for a scheduled hearing on Wednesday, while his lawyer argued that, the attendance of foreign officials violates Lebanon’s sovereignty. This argument was rejected by the assigned Lebanese judge, who rescheduled the hearing for yesterday.

Salameh, who is among the top Lebanese officials blamed for the unprecedented financial crisis, has been the target of several judicial lawsuits, at home and abroad. But he has denied the multiple charges against him.

Source: Nam News Network

Previous Article

The Next 150 Raises $2 Million USD to Scale Climate Solutions in Emerging Markets

Next Article

Curia Appoints Philip Macnabb as Chief Executive Officer

Related Posts

GASOLINE PRICES DROP, DIESEL PRICE EDGES UP IN LEBANON

Gasoline prices in Lebanon dropped on Friday as the price of gasoline (95 octanes) has decreased by LBP 11,000, and the price of gasoline (98 octanes) has decreased by LBP 10,000. The price of diesel has increased by LBP 8,000, and the price of a g...