- Lebanon's central bank governor Riad Salameh faced questions related to allegations of money-laundering and embezzlement of public funds by a delegation of European investigators in a Beirut court.
- At least five European countries are investigating accusations that Salameh and his brother Raja Salameh misappropriated hundreds of millions of dollars and laundered some of the proceeds abroad.
- Salameh claims the international probes are part of a smear campaign designed to scapegoat him for Lebanon's financial implosion.
- The case opened this week is separate to other legal proceedings against Salameh in Lebanon.
- Salameh's sixth term as bank governor is up in July and he recently said he would not seek another term.
Financial Times — World — Lebanon Central Bank Governor — Law — Middle Eastern Finance — Central Banks
Lebanon’s central bank chief in court to face money-laundering allegations
Lebanon's central bank governor Riad Salameh appears in court to face money-laundering allegations by a delegation of European investigators amid accusations of misappropriating public funds.