Lebanon’s bank chief charged with corruption, snubs EU investigators
Visiting Beirut, World Bank’s regional Vice President Ferid Belhaj has set three conditions to reconsider financing the country’s dilapidated electricity sector.
BEIRUT — Lebanon’s powerful Central Bank Governor Riad Salameh was charged in absentia with corruption and ordered to be detained after failing to show up Wednesday at a hearing before a local judge alongside European investigators in a money laundering case, judicial officials told The Associated Press.
Salameh is currently being investigated in a multinational probe over the embezzlement of more than $300 million from the bank between 2002 and 2015.
