The Latest Breaking News from Riad Salameh

Top-level political backing for Lebanon's central bank governor Riad Salameh is starting to fray, political sources say, as the veteran financier once hailed as a banking wizard faces several corruption investigations in the waning months of his tenure. The apparent cooling of support raises questions over the impact the investigations…

A Lebanese investigative judge has scheduled a March 15 hearing for Lebanese Central Bank Governor Riad Salameh as part of a cross-border corruption probe into Salameh and close associates, a judicial source said. Judge Charbel Abu Samra took over the case late last month after another judge charged Salameh with…

Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss media reported on Sunday. Salameh, 72, faces investigations related to suspicions of money laundering and illicit enrichment in Lebanon and abroad after he amassed a fortune…

Beirut’s public prosecutor on Thursday charged the governor of Lebanon's Central Bank, Riad Salameh, his brother and an associate with corruption, Lebanese officials said. According to two judicial officials, Beirut's Attorney General Raja Hamoush charged Salameh, his assistant Marianne Howaiyak, and his brother Raja Salameh with embezzling public funds, forgery,…

Lebanese authorities charged longtime central bank governor Riad Salameh, his brother Raja and one of his assistants on Thursday with money laundering, embezzlement and illicit enrichment after months of delay in the high-profile case.

Lebanese officials say Beirut's pubic prosecutor has charged the governor of the cash-strapped country’s Central Bank, his brother and an associate with corruption

The US State Department denied on Saturday that it was considering imposing sanctions on Lebanon’s central bank governor Riad Salameh. “We have seen these rumors, and while we generally are not discussing any possible sanctions, I can confirm that these rumors are not based on facts,” a US State Department…

Lebanese Finance Minister Youssef Khalil said replacing central bank governor Riad Salameh, who has held the job for three decades, would be difficult and that his term may be extended though no consensus has yet been reached. Salameh, who is being investigated by European and Lebanese prosecutors for alleged embezzlement…

Lebanon's veteran central bank chief Riad Salameh said he would not seek a new term in office once his latest six-year stint at the head of the Banque du Liban ends. "My decision is that, at the end of the term, it will be a page I turned in my…

Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current official rate that has remained unchanged for 25 years. The shift from the old rate of 1,507 to 15,000 is…

BEIRUT: In their move to bury an investigation into the Beirut port blast, Lebanon’s ruling elite have driven another nail in the coffin of the collapsing state, stirring conflict in the judiciary as they try to avoid accountability at any cost.