Lebanon has charged former central bank governor Riad Salameh with embezzlement of $42 million, following his detention and questioning by the public prosecutor regarding financial crimes.
Salameh’s case is now with an investigating judge as parts of a broader inquiry, influenced by European investigations into allegations that he mismanaged the economy contributing to the ongoing financial crisis.
Salameh, who served for three decades, is held responsible by many Lebanese for the financial ruin since 2019, despite his denial of all corruption allegations and claims of legitimacy in wealth.
During interrogation, questions emerged about a company reportedly hired by Salameh to manipulate financial statements, raising suspicions about transparency and governance in Lebanon's economic framework.
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