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BEIRUT: The Lebanese pound reached 33,000 to the US dollar on Lebanon’s black market on Monday. Protesters blocked roads in response to the news, which were quickly reopened by the Lebanese Armed Forces, with further demonstrations expected in the days ahead, with Thursday expected to see serious trouble due to impending fuel supply issues.
Salameh is under investigation in Lebanon and Europe for alleged financial misconduct including money laundering.
BEIRUT: A Lebanese judge Tuesday issued a travel ban for the country’s central bank governor, state-run National News Agency and a lawyer said. The move comes after a corruption lawsuit accused him of embezzlement and dereliction of duty during the country’s financial meltdown. The decision was the first judicial action taken by authorities in Lebanon against Riad Salameh, who
SHARE Lawyers who helped release fugitive international businessman Ziad Takieddine from a Lebanese jail now plan to sue him for failure to pay their fees. It is the latest twist in years of high-profile legal troubles for Takieddine, 70, a French-Lebanese middleman wanted in France for his suspected involvement in the alleged Libyan funding of former French president Nicolas Sarkozy’s 2007 campaign, an ongoing case that has rocked French politics. “It has been more than one month and we have yet to be paid,” Haitham Ezzo, one of two lawyers who plan to sue the businessman, told The Na...