Lebanese justice ministry accuses former central bank chief of financial crimes

September 6th, 20240 Lebanon's justice ministry formally accused former central bank governor Riad Salameh of financial crimes on Thursday, the state news agency and judicial sources said, echoing charges brought against him by state prosecutors when he was arrested this week. Salameh, 73, was arrested on Tuesday over alleged financial crimes, including...

Factbox: Just how bad is Lebanon’s economic crisis?

September 16th, 20220 Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country's paralyzed financial system, underlining desperation among citizens unable to access savings since an economic crisis began in 2019. There were similar incidents in Beirut in August and in eastern Lebanon in January. The...

Lebanese judge charges central bank governor with illicit enrichment

March 21st, 20220 BEIRUT — A Lebanese judge charged central bank governor Riad Salameh with illicit enrichment on Monday, adding to the number of graft investigations he already faces. Judge Ghada Aoun told Reuters the case related to the purchase and rental of Paris apartments, including some to the central bank. Salameh denied the charge when...