UK sanctions Lebanon’s former central bank governor

UK sanctions Lebanon’s former central bank governor

T

he UK has sanctioned Lebanon’s former central bank governor, according to a statement.

Britain, the US and Canada have announced coordinated designations against Riad Salameh and his three associates for allegedly diverting 300 million dollars (£235 million) for personal gain, the Foreign Office said.

Mr Salameh, who has repeatedly denied charges of corruption, is facing a criminal investigation for alleged financial crimes including illicit enrichment and embezzlement.

Riad Salameh and his close associates have stolen from people of Lebanon and deprived them of resources crucial to its economic and social stability