Lebanon Central Bank Chief Says He’ll Comply with Swiss Probe

1/22/2021

Riad Salameh, Lebanon’s embattled central bank chief, said he would face questioning in Switzerland as part of a Swiss money-laundering probe, a source tells Al Jazeera.

The Swiss investigation centers on multimillion-dollar transfers by Salameh, his brother Raja and an adviser, Marianna Al-Hoayek, according to Lebanese officials. Reports in local media and information from judicial sources suggest the amount in question is roughly $400 million.

Once regarded as a pillar of stability in crisis-prone Lebanon, Salameh has a reputation that has been tarnished by the country’s unprecedented financial crisis, which began in late 2019.

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Outlet: 
Aljazeera