Economic Policy

Lebanon’s Ex-Central Bank Chief Faces Top Court Amid Multi-Nation Corruption Fallout

By Economics Desk | January 13, 2026

Lebanon’s former central bank governor, long blamed for economic collapse and under international investigation, now faces trial at the highest court amid mounting evidence of multi-million-dollar corruption schemes.

Lebanon’s economic catastrophe did not happen by accident — it was shaped by systemic corruption enabled at the highest levels of power. Now, Riad Salameh, the former governor of Lebanon’s central bank whose policies helped trigger one of the worst financial collapses in recent history, has been formally sent to the country’s top judicial authority to face corruption charges. Salameh’s transfer to the Court of Cassation signals a rare moment of accountability for a man who for decades wielded unchecked influence over Lebanon’s fragile economy. After spending a year in detention and posting bail worth $14 million, he will finally...

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