Archive · 26 Sep 2025

Lebanon to Release Ex-Central Bank Governor on Bail

Lebanon to Release Ex-Central Bank Governor on Bail

Riad Salameh, who used to be in charge of Lebanon's central bank, is being let out of jail.

He had been held for almost a year due to accusations of financial misconduct during his time as governor.

The release comes after he paid a high bail amount.

Salameh's reputation declined after a financial crisis in 2019 that affected the country's banking system and caused financial hardship for many Lebanese people.

The legal proceedings against him are still ongoing despite his release on bail.

Sources