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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.
JOSEPH EID/AFP via Getty Images

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.

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