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Lebanon's Former Central Bank Governor Riad Salameh Arrested in Beirut During Judicial Hearing

Sep 3, 2024, 01:24 PM

Lebanon's former central bank governor, Riad Salameh, was arrested on Tuesday during a judicial hearing in Beirut. A senior judicial source confirmed the arrest. Salameh faces charges of financial crimes, including money laundering, embezzlement, and illicit enrichment. He has denied all wrongdoing. The arrest marks a significant development in the ongoing investigation into financial misconduct at the central bank, where Salameh allegedly embezzled over $330 million. The investigation spans several European countries in addition to Lebanon.