| 3 February 2023, Friday |

Lebanese Central Bank Governor maintains innocence against corruption charges

Despite suspicions of corruption, Lebanese Central Bank Governor Riad Salameh maintained his innocence, claiming in a radio broadcast on Saturday that his conscience was clear.

Salameh is being investigated in Switzerland for embezzlement, and investigations are underway or planned in a number of other European nations.

Last week, a Lebanese prosecutor asked Salameh for documents relating to suspicions of embezzlement, money laundering and tax evasion over an allegation that more than $300 million had been taken from the bank through a company owned by his brother.

“I have not benefitted one penny from the central bank,” Salameh told Radio Free Lebanon.

Salameh continued to dismiss the allegations as a smear campaign on Saturday, saying “there are those who want my head”.

Lebanon’s crippled banking system is at the heart of a financial crisis that erupted in late 2019. Banks have since blocked transfers abroad and cut access to deposits due to a scarcity of dollars.

  • Reuters