Lebanon's Financial Wizard or Thief? Riad Salameh Under Detention

A Lebanese judge has detained former central bank chief Riad Salameh amid a probe into alleged financial crimes such as embezzlement of public funds. Salameh, who denies the charges, has faced numerous criminal investigations. His case marks a rare instance of a senior Lebanese official being held accountable.

In a significant move, a Lebanese judge has detained former central bank chief Riad Salameh as part of an ongoing investigation into alleged financial crimes, such as embezzlement of public funds. Three judicial sources confirmed the decision, which comes amid accusations of forgery and illicit enrichment.

Investigative judge Bilal Halawi made this decision after interrogating Salameh for the first time since his detainment last week. Salameh's media office stated that he would not make public comments during the investigation but had cooperated with over 20 criminal probes in Beirut and Mount Lebanon, continuing to comply with the current investigation.

Long praised as a financial expert, Salameh now faces severe charges both domestically and internationally. Protesters outside the justice ministry labeled him a thief, a stark contrast to his previous reputation. Authorities in Europe, including France and Germany, are also probing whether millions of embezzled funds were laundered in Europe, adding an international dimension to his legal woes.

(With inputs from agencies.)