The Governor of the Central Bank of Lebanon, Riad Salameh, said, on Sunday, that he had “decided to leave his position at the end of his current term,” next July.
He added, in a television interview, that “he was not asked to work for a new period,” according to Archyde.com.
Riad Salameh indicated that he believes that “the past period is sufficient.”
Salameh stated that the country’s current foreign exchange reserves amount to $10 billion, while the value of gold reserves has reached $17 billion.
Salameh faces many criticisms due to the policies adopted by the Central Bank of Lebanon during the country’s worst financial crisis.
The Public Prosecutor in Mount Lebanon, Judge Ghada Aoun, has conducted investigations since April, following the prosecution of Salameh and his brother for the crime of “illicit enrichment and money laundering.”
Paris had also charged a Ukrainian woman close to Salameh with charges of “forming a criminal organization,” “organized money laundering,” and “serious tax fraud laundering,” according to a French judicial source.
The charges were brought once morest her as part of an investigation into Salama’s wealth in France, which it is suspected that he had collected through fraud, according to the same source.
Salameh faces many complaints once morest him in many countries, but despite the summons and travel ban issued once morest him in Lebanon, he is still in the position he has held since 1993, making him one of the longest-serving central bank rulers in the world.
