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

Lebanese security forces launch manhunt for Central Bank Governor Riad Salameh

In January, a Lebanese court issued a travel ban on Salameh, who is being criminally investigated in at least three European countries

Riad Salameh stands accused of money laundering, says Lebanese President Aoun

Salameh has refused to cooperate with the forensic audit request of the central bank’s accounts, and failed to provide the necessary documents

Lebanese judge seizes assets of Central Bank Governor Riad Salameh

The Lebanese people have been suffering under harsh economic circumstances built up during Salameh's long tenure as governor

Riad Salameh: Washington’s man in Lebanon; a suspect in Europe 

Europe has launched a flurry of criminal investigations into the United States' most valuable Lebanese financial asset, the country's Central Bank Governor

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

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

Mikati, Salameh, King Abdallah among those named in Pandora Papers

The report comes from the US-based George Soros-led Open Society Foundations and Ford Foundation-backed ICIJ, which released the similar 'Panama Papers' in 2016

US-Saudi differences push Lebanon to the brink

Uncertainty is growing in Lebanon as the US reportedly issued a warning to its local allies about siding with Saudi Arabia behind Washington's back

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

No respite for Lebanon as lira hits 100,000 per US dollar

Lebanon's political class has done little to slow down the economic freefall, as parliament has been gridlocked for five months over the election of a president

Lebanese banks liable for financial collapse claim ‘no liquidity’ to pay back depositors

Several Lebanese commercial banks have been charged with money laundering

Lebanese prosecutor calls on judge to ‘temporarily’ halt commercial banks probe

Last week, Lebanon’s prime minister ordered security forces to ignore judicial orders issued by a Lebanese judge against two banks accused of corruption

Swiss banks hold at least $500m in stolen Lebanese public funds: Report

Twelve Swiss banks are being investigated by federal authorities for holding funds embezzled by Lebanon's Central Bank Governor Riad Salameh

Lebanon’s caretaker PM steps in to protect banks charged with money laundering

The Association of Banks in Lebanon announced that, thanks to Mikati's overstepping of his authority, they would 'temporarily suspend' a strike that has helped decimate the value of the lira

Lebanon central bank chief slapped with new charges

The charges come as the fate of Riad Salameh’s term, which is set to expire later this year, remains uncertain

Lebanon’s central bank chief will not renew term under shadow of embezzlement probe

In January, Riad Salameh had demanded ‘guarantees’ that he not be arrested following the European judicial probe

US weighs sanctions on Lebanon’s central bank chief over ‘Hezbollah ties’

Riad Salameh, a close ally of the US embassy, is being accused of 'providing dollars to Hezbollah and Syria'

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

US and Mikati ‘fooled’ Lebanon into thinking Iranian fuel deliveries would be permitted: Report

US officials recently said the only way to 'rid Lebanon of Hezbollah' is for the country to fall into complete collapse in order to be 'rebuilt from the ashes'

Lebanese president boycotts budget and delays new exchange rate

A dollar currently fetches around 38,000 Lira on the black market

Germany, France ask to bypass Lebanese judges ‘impeding’ corruption probe into central bank chief

Riad Salameh faces money laundering and embezzlement charges in France, Germany, Luxembourg, Lichtenstein, Switzerland, and Lebanon

Strong dollar pushes Lebanese pound to record high on black market

Since 2019, Lebanon has been experiencing the worst economic collapse in modern history, as a result of rampant corruption within the state and among the financial elite

Lebanese banks close ‘indefinitely’ for second time in a month

Depositors have staged over a dozen bank heists in the past several weeks after being locked out of their life savings for the past three years

Lebanese banks seek dialogue with depositors to stop heists

Lebanese banks allege they are 'victims' of the manufactured crisis that saw the lira lose over 90 percent of its value as a result of rampant corruption and mismanagement in the financial sector