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Lebanon Takes Legal Action Against Former Central Bank Governor

Chloe Patel
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Judicial officials in Lebanon have initiated new legal proceedings against Riad Salameh, the country's former central bank chief, according to sources familiar with the matter. The…

Judicial officials in Lebanon have initiated new legal

Judicial officials in Lebanon have initiated new legal proceedings against Riad Salameh, the country's former central bank chief, according to sources familiar with the matter. The move marks the latest escalation in a series of investigations into his conduct during his tenure.

A fresh lawsuit has been filed against Salameh, who also faces an indictment on charges related to alleged financial misconduct. The accusations stem from his time leading the Banque du Liban, a position he held for three decades before stepping down amid growing scrutiny and economic turmoil.

The legal actions come as Lebanon grapples with a severe financial crisis, which many analysts have linked to policies enacted under Salameh's leadership. While the former governor has consistently denied any wrongdoing, the new case adds to mounting pressure from both domestic and international authorities.

Sources close to the judiciary indicate that the

Sources close to the judiciary indicate that the latest charges focus on transactions and decisions that allegedly violated financial regulations. Details of the specific allegations remain under seal, but investigators have been reviewing records related to banking operations during the period in question.

Salameh's legal team has not yet issued a public response to the new lawsuit. However, in previous cases, they have argued that the actions taken were within the bounds of his official duties and that he is being unfairly targeted amid broader political struggles.

The development underscores the ongoing effort to hold senior financial figures accountable as Lebanon seeks to rebuild trust in its institutions. Observers note that the outcome of these proceedings could have significant implications for the country's efforts to secure international aid and stabilize its economy.