File photo of Central Bank Governor Riad Salameh . Salameh’s record is under attack unlike 2008 when he confidently talked up Lebanon’s success. Salameh’s credibility has been on the line after promising so many things and not being able to deliver . He reportedly has consistently favored policies whose outcome has been nothing short of disastrous to the Lebanese people
The U.S. is considering sanctions against Lebanon’s long-serving central bank chief as a broader investigation into the alleged embezzlement of public funds in the country gathers pace, according to four people familiar with the matter.
Officials within the Biden administration have discussed the possibility of coordinated measures with their European counterparts targeting Riad Salameh, who’s led the Middle Eastern nation’s monetary authority for 28 years, said the people, who requested anonymity because the talks are private.
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U S denies report of potential sanctions on Lebanese central bank chief reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
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FILE PHOTO: A view shows the Central Bank building, in Beirut, Lebanon November 12, 2020. REUTERS/Mohamed Azakir
BEIRUT (Reuters) - Lebanon’s public prosecutor sent preliminary findings to Swiss authorities, in response to their request for legal assistance in their investigation of money laundering tied to the Lebanese central bank, the state news agency reported on Thursday.
The agency said prosecutor Ghassan Oueidat sent the information through diplomatic channels and asked in return to be provided with documents available to the Swiss investigators.
Oueidat will later also provide the Swiss with documents from the central bank and other banking entities, the agency said.