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Lebanon ‘files new lawsuit against’ ex-central bank chief Riad Salameh

Lebanon ‘files new lawsuit against’ ex-central bank chief Riad Salameh

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The Spin


Prosecuting Riad Salameh matters, but pinning Lebanon's financial collapse on one man lets the real culprits walk free. The broader political-financial network — bankers, ministers and parliamentary enablers — built and sustained the system that ruined millions of depositors. Without dismantling that entire architecture, the trial is little more than political theater dressed up as justice.

Riad Salameh ran one of history's most reckless financial schemes, and Lebanon is still paying for it. Sayrafa handed billions in arbitrage profits to the well-connected while ordinary depositors lost everything, and shell companies funneled public funds straight into private pockets. The indictment is long overdue — this wasn't mismanagement, it was deliberate looting.


The Controversies


© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

© 2026 Improve the News Foundation.

All rights reserved.

Version 7.4.1