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As Lebanon collapses, the man with an iron grip on its finances faces questions

Not anymore. This country at the crossroads of the Middle East is suffering from a collapse of historic proportions: Its banks are largely insolvent, unemployment is soaring, its currency has crashed and many Lebanese blame Salameh for shortages that have left them struggling to afford food, scrambling to find medication and waiting in long lines to fuel up their cars. Now, Salameh is being accused of a perhaps more unforgivable sin: enriching himself and his inner circle through years of corruption. Paris anticorruption judges opened an investigation this month into criminal allegations that Salameh, one of the world s longest-serving central bank chiefs, fraudulently amassed an outsize fortune in Europe by abusing his power. The judicial investigation follows a preliminary inquiry by the French National Financial Prosecutor s Office.

As Lebanon Collapses, Riad Salameh Faces Questions

As Lebanon Collapses, Riad Salameh Faces Questions
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

Lebanese activists in France file complaint against Central Bank

Lebanon s Prosecutor Launches Probe Into The Central Bank Governor

Lebanon’s Prosecutor Launches Probe Into The Central Bank Governor Published May 3rd, 2021 - 05:05 GMT In Lebanon: Protesters raise the Flag (Shutterstock) Highlights The central bank declined to provide contact details for Raja Salameh. Lebanon’s public prosecutor has launched an investigation into central bank governor Riad Salameh, a judicial source said, after a Swiss legal request alleged that more than $300 million had been embezzled from the bank through a company owned by his brother. Also Read The senior judicial source said the offices of Salameh’s younger brother Raja had been sealed off, with computers and files confiscated in the course of the investigation. The public prosecutor had no comment.

Fiscalía de Líbano abre investigación contra jefe del Banco Central

Fiscalía de Líbano abre investigación contra jefe del Banco Central
prensa-latina.cu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prensa-latina.cu Daily Mail and Mail on Sunday newspapers.

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