Lebanon’s central bank chief guilty of embezzling millions in public funds

Official documents show Riad Salameh laundered millions using real estate owned by shell companies linked to his close relatives, and did so with full impunity from other central bank authorities

Lebanese PM wants to freeze corruption case against central bank chief

The PM-designate made his suggestion after Lebanese security forces raided the Beirut headquarters of the central bank in search of Riad Salameh

Lebanon CB chief carried out ‘self-audit’ to clear himself of corruption: Report

Salameh’s lawyer has maintained that the financial review constitutes an audit under international standards

Prosecutors request formal charges be brought against Lebanon’s central bank chief

Riad Salameh is under investigation in over half a dozen countries for embezzlement, illicit enrichment, tax evasion, and fraud

Brother of Lebanon’s central bank governor released on $3.7 million bail

The Salameh brothers have been accused of money laundering and illicit enrichment, while the UN has accused the Lebanese central bank of human rights violations

Judge approves Raja Salameh’s release, decreases bail value

The bail, which initially stood at 500 billion liras, has been reduced to LBP 200 billion

Lebanese Central Bank holds $17.5 billion in gold reserves: Banque du Liban chief

The central bank chief also denied recent comments by a high official saying the country is 'bankrupt'

Lebanese judge sets $20mln bail for brother of central bank governor

The judge in charge of investigating central bank chief Riad Salameh for illicit enrichment has also postponed his questioning until June

Lebanese PM shows support for central bank governor charged with illicit enrichment

The news comes amid reports that the PM's office was trying to influence the judiciary to acquit Riad Salameh

Lebanon’s Central Bank chief charged with illicit enrichment

Riad Salameh has denied the charge, claiming that he ordered an audit to prove his innocence

Brother of Lebanon’s central bank governor detained after court hearing

Riad Salameh and his brother Raja are both implicated in money laundering, yet the central bank governor has evaded arrest so far

Lebanese judge bars five bank chiefs from leaving the country

Lebanese banks have imposed harsh capital controls on depositors since 2019, when decades of financial mismanagement precipitated the country's economic meltdown