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Lebanon’s ex-central bank chief Riad Salameh, 75, freed on $14M bail after a year in detention on corruption charges he denies.
Lebanon’s former central bank governor Riad Salameh, 75, posted over $14 million in bail—record high in Lebanese judicial history—after a year in detention on embezzlement, money laundering, and tax evasion charges.
He was arrested in September 2024 and indicted for allegedly stealing $44 million from the central bank.
His release, pending final legal steps, comes with a one-year travel ban.
Salameh, held in a medical facility due to health issues, denies all allegations, calling himself a scapegoat in Lebanon’s economic collapse, which the World Bank labeled one of the worst in recent history.
He claims his wealth stems from private investments and past work at Merrill Lynch.
El ex jefe del banco central del Líbano, Riad Salameh, de 75 años, fue liberado bajo fianza de $ 14 millones después de un año de detención por cargos de corrupción que niega.