Lebanese President Michel Aoun summoned central bank governor Riad Salameh Thursday after the bank decided to end subsidies on fuel imports, the presidency wrote on Twitter. In a decision announced late Wednesday, the central bank said it would offer credit lines for fuel imports based on the market price for ...
French anti-corruption judges have taken over the probe into the personal wealth of Lebanon’s central bank chief, prosecutors said, raising the likelihood he may face money-laundering charges. France opened the probe into Riad Salameh, a former Merrill Lynch banker, in May following a similar move by Switzerland, where he has ...