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

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

Four years into economic meltdown, Lebanon pledges to ‘police corruption’

The crisis, caused by rampant corruption in the financial sector, plunged over 80 percent of Lebanon's population below the poverty line and slashed nearly 100 percent of the currency's value

European banks begin severing correspondent relations with Lebanon: Report

European banks are looking to slash ties with Lebanese commercial banks as the country faces being 'grey listed' by the FATF and the central bank chief is wanted by Interpol

Financial watchdog says Lebanon faces ‘grey listing’ for money laundering

This comes just days after Interpol issued a red notice against Lebanese Central Bank chief Riad Salameh, who is accused of embezzling millions in public funds

Interpol orders arrest of Lebanon central bank governor

The order by the international police organization follows the arrest warrant issued by French authorities three days ago

Lebanese judiciary dismisses judge probing banking sector corruption

Ghada Aoun has been leading an investigation into the illicit dealings of commercial banks and the central bank that sparked Lebanon's catastrophic crisis

France to press fraud, money laundering charges against Lebanon’s cenbank chief: Report

Riad Salameh faces money laundering charges in Lebanon and several European countries

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

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

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

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

Pump prices shoot up in Lebanon as central bank lifts subsidies for fuel imports

Iranian officials recently reiterated an offer to provide Lebanon with 'free fuel, construct new power stations, and rehabilitate existing power networks'

Taliban ousts its only Shia Hazara commander: Report

Taliban clashes with Mehdi Mujahid over a power dispute, ending an era of Hazara representation in its ranks

Large protests in northern Syria against Turkish occupation

Turkish-backed militants have been accused of using the global fuel crisis to hike the prices of daily needs and embezzling millions in humanitarian aid

EU authorities confiscate assets linked to embezzlement at Lebanon’s central bank

Many Lebanese citizens believe that Salameh played a key role in the economic crisis that the country is currently experiencing

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