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Lebanon files new case against ex-central bank chief Riad Salameh as banking probe widens
World·Short term

Lebanese investigators will widen the Salameh probe into private banks, with Bank Audi executives facing deeper scrutiny.

The case targets the financial architecture blamed for Lebanon’s collapse and tests whether prosecutors can push beyond headline defendants into private-sector enablers.

AI reasoning

The case targets the financial architecture blamed for Lebanon’s collapse and tests whether prosecutors can push beyond headline defendants into private-sector enablers.

Curated summary

Lebanon indicted former central bank governor Riad Salameh and former Bank Audi chief Samir Hanna over alleged financial crimes including embezzlement and illicit enrichment. Judges said they stole tens of millions from the Banque du Liban and that Hanna may have bribed Salameh while he was governor. Salameh, who led the central bank from 1993 to July 2023, has already been indicted and arrested in Lebanon in other cases and denies wrongdoing, calling himself a scapegoat. He is under medical supervision in a hospital outside Beirut. Hanna, 88, paid $1 million bail and remains free as probes widen into the private sector.

Supporting evidence

Source news

Lebanon files new case against ex-central bank chief Riad Salameh as banking probe widens

Judges indict Salameh and ex-Bank Audi chief Samir Hanna over alleged embezzlement and illicit enrichment.

Al Jazeera – Breaking News, World News and Video from Al Jazeera·3h ago
Read full article at Al Jazeera – Breaking News, World News and Video from Al Jazeera