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Lebanon Corruption
FILE - Riad Salameh, Lebanon's Central Bank governor, attends a news conference, in Beirut, on Nov. 11, 2019. Lebanon charged its embattled former central bank governor Wednesday with the embezzlement of $42 million, three judicial officials told The Associated Press. (AP Photo/Hussein Malla, File)

Former Lebanon central bank chief to remain in jail while facing corruption charges

A Lebanese judge has ruled that the country’s former central bank chief will remain in jail while facing charges of embezzling tens of millions of dollars from state coffers

By FADI TAWIL and ABBY SEWELL
Published - Sep 09, 2024, 08:15 AM ET
Last Updated - Dec 16, 2024, 07:27 PM EST

BEIRUT (AP) — A Lebanese judge ruled Monday that the country’s former central bank chief will remain in jail while facing charges of embezzling tens of millions of dollars from state coffers.

Lebanon’s Financial Public Prosecution division charged Riad Salameh last week with embezzlement of $42 million after he was detained following an interrogation by Lebanon’s top public prosecutor over several alleged financial crimes.

Salameh has maintained that he is innocent.

On Monday after Salameh appeared at a court hearing, Judge Bilal Halawi issued an arrest warrant against him, meaning he will remain behind bars while the case is tried.

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