Lebanese central bank governor Riad Salameh is set to leave the post he has held for 30 years, his legacy stained by the devastating collapse of Lebanon’s banking sector
Once feted as a financial wizard, Lebanese central bank governor Riad Salameh leaves the post he has held for 30 years on Monday, his legacy stained by the devastating collapse of Lebanon's banking sector and corruption charges at home and abroad.
His image was further tarnished as one European country after another began investigating whether he abused his powers to embezzle a fortune of Lebanese public money. In May, French and German authorities issued warrants for his arrest. Interpol Red Notices declared him wanted by both countries.
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Lebanon's veteran central bank chief leaves post with legacy in shredsOnce feted as a financial wizard, Lebanese central bank governor Riad Salameh leaves the post he has held for 30 years on Monday, his legacy stained by the devastating collapse of Lebanon's banking sector and corruption charges at home and abroad.
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