European Observatory laments lack of legal action taken against BDL's Riad Salameh

Lebanon News
2023-07-29 | 03:52
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
European Observatory laments lack of legal action taken against BDL's Riad Salameh
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
European Observatory laments lack of legal action taken against BDL's Riad Salameh

The European Observatory for the Integrity of Lebanon expressed regret over the end of Riad Salameh's tenure as the Governor of the Central Bank of Lebanon without any legal action taken against him by the Lebanese judiciary, similar to what happened with the European judiciary. 

The observatory expressed apprehension about the upcoming trajectory, especially in light of the First Deputy Governor's reluctance to assume his duties without legislating the infringement on reserves, which includes using depositors' funds to finance the state. 

"Why does the First Deputy Governor not assume the responsibilities of the Governor, apply the Monetary and Credit Law, and end the matter while demanding legislation to infringe on reserves as if the deputy governors already assume they will be violating the law?" questioned the observatory.
 

Lebanon News

Lebanon

European Observatory

Riad Salameh

Tenure

Governor

Central Bank

Legal

Judiciary

Reserves

Depositors

LBCI Next
Bekaa Valley: A new 'frontline' in Israel's target list
Presidential Elections 101: Unveiling Lebanon's Presidential elections’ history
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More