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Lebanese central bank governor charged with dereliction of duty – Aljazeera.com

Between $5m and $7m in central bank funds meant to help the country’s people were squandered from June through December.

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A Lebanese prosecutor charged central bank Governor Riad Salameh with dereliction of duty and breach of trust over the alleged misuse millions of dollars provided by the regulator last year.
Judge Ghada Aoun has been investigating claims that dollars provided by the central bank via an electronic trading platform to help people pay for essential needs and expenses were sold on the black market, where theyd fetch a higher price.
Between $5 million to $7 million were squandered from June through December,…

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