Three judicial officials have told the Associated Press that Lebanon has charged its embattled former central bank governor with the embezzlement of $42 million
BEIRUT — Lebanon charged its embattled former central bank governor Wednesday with the embezzlement of $42 million, three judicial officials told The Associated Press.
Riad Salameh, 73, was charged by the Financial Public Prosecution a day after he was detained following an interrogation by Lebanon's top public prosecutor over several alleged financial crimes.
His case has been transferred to an investigating judge, the officials added, who spoke on condition of anonymity in line with regulations.
Salameh ended his 30-year term as central bank governor a year ago under a cloud, with several European countries probing allegations of financial crimes. Many in Lebanon blame him for the crippling financial crisis that has gripped the country since late 2019.
He was appointed in 1993 and initially celebrated for his role in steering Lebanon's economic recovery after a 15-year civil war, and for keeping the economy on an even keel during long spells of political gridlock and turmoil.
Salameh has for years denied allegations of corruption, embezzlement and illicit enrichment. He insists that his wealth comes from inherited properties, investments and his previous job as an investment banker at Merrill Lynch.
During his hours-long interrogation on Monday, Salameh was asked about a key case in which a company was allegedly hired to manipulate statements and conceal Lebanon’s hemorrhaging finances.
According to two other judicial officials, Salameh appeared to have brought in the company, called Optimum, to help facilitate embezzling money from the central bank through
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