Luxembourg launches investigation into money laundering by Lebanon’s Central Bank Governor

Riad Salameh now faces three criminal investigations in Europe over alleged "massive" embezzlement of public funds

Lebanon’s cenbank chief grilled by EU prosecutors, denies embezzling public funds

Riad Salameh, who the UN says is guilty of human rights violations for his role in creating Lebanon's economic crisis, claims to be the victim of political persecution

Lebanese judge orders seizure of central bank governor Salameh’s assets

Despite Central Bank Governor Riad Salameh's role in collapsing the Lebanese banking system and economy, he continues to enjoy US protection shielding him from embezzlement charges

Session to elect president fails for 11th time as Lebanese pound plummets

As a result of a lack of consensus, an absence of quorum, and mounting external pressure, Lebanon has continuously failed to elect a successor to Michel Aoun

EU inspectors launch probe against Lebanon’s central bank chief

According to European judicial documents, since 2002, Riad Salameh embezzled hundreds of millions in public funds using a shell company registered in the Virgin Islands

Lebanese central bank chief demands ‘guarantees’ he will not be arrested: Report

Prime Minister Mikati is reportedly making sure that the European judicial delegation does not bypass Lebanese law

European judiciary to investigate Lebanon’s central bank governor in Beirut

The US is not interested in joining the investigation, as long as the country remains compliant with the US sanctions regime against Hezbollah and Syria

US court ruling opens door for Lebanese banks to be prosecuted on foreign soil

Lebanon's financial institutions have evaded any responsibility for their role in the crisis gripping the nation, and have instead placed the burden on regular citizens

France investigates paramour of Lebanon’s central bank chief for money laundering

Riad Salameh has avoided detention throughout the past year thanks to the protection afforded to him by high officials and by the US ambassador to Lebanon

EU to discuss new Iran sanctions over drone deliveries to Russia: Report

Iran has reportedly warned that, if EU nations impose more sanctions on Tehran, bilateral relations 'may not survive' the decision

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

Syrian refugees face growing xenophobia in Lebanon as economic crisis worsens

Politicians and the media blame Lebanon's economic woes on refugees, despite international organizations pointing at the financial elite as the cause of the manufactured crisis

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

Donations to prevent catastrophic oil spill off Yemen’s coast fall well below target

The potential environmental disaster in the Red Sea could release four times more oil than the Exxon Valdez did in 1989

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

Lebanese Central Bank guilty of human rights violations: UN

UN officials have lambasted Lebanon for 'appalling levels of wealth concentration at the top, 'tax policies that favor evasion,' and for an 'inadequate social protection system'

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 judiciary seeks freeze on foreign assets of Central Bank governor

Officials believe Salameh's overseas assets belong to Lebanon and fear the EU seizure may result in the loss of much-needed funds in the face of the catastrophic economic collapse

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

Lebanese central bank pursues non-repatriated funds of elite, political individuals

The Lebanese central bank, Banque du Liban, has been mired in controversy since the beginning of the country's economic meltdown

Lebanese Central Bank accused of concealing commissions recipients: Report

The commissions, handled by a company owned by the brother of Central Bank governor Riad Salameh, were allegedly used to embezzle millions of dollars in public funds

Judge sues Lebanon’s police chief for obstructing arrest of Central Bank Governor

After the manhunt against Salameh failed to turn in the Governor, Judge Ghada Aoun moved to sue the Major General of the ISF for obstructing the subpoena

US ambassador Shea calls upon Mikati to block subpoena on Riad Salameh

Salameh's latest evasion marks the fourth time he has failed to show up for questioning