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Lebanon Indicts Ex-Central Bank Chief for Embezzlement

Lebanon ‘filesIndicts new lawsuit against’ exEx-centralCentral bankBank chiefChief Riadfor SalamehEmbezzlement

Above: Lebanon's former Central Bank Governor Riad Salameh, Beirut, Dec. 20, 2021. Image credit: (Photo by JOSEPH EID/AFP via Getty Images)

The Spin


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After three decades leading Lebanon’s central bank, Riad Salameh maintained monetary stability, controlled inflation, strengthened the banking sector and supported households and productive sectors. His policies helped sustain the economy through repeated crises, while a central bank cannot single-handedly resolve a systemic financial collapse. Due process and the presumption of innocence must prevail over political pressure and public condemnation.


The Controversies


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All rights reserved.

Version 7.4.1