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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

As Corruption Probes Converge, Support for Lebanon Central Bank Governor Frays

FILE PHOTO: Lebanon's Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon November 23, 2021. REUTERS/Mohamed Azakir/File Photo

Top-level political backing for Lebanon's central bank governor Riad Salameh is starting to fray, political sources say, as the veteran financier once hailed as a banking wizard faces several corruption investigations in the waning months of his tenure.

The apparent cooling of support raises questions over the impact the investigations could have on the wider political class, given the widely-held view that members of the ruling elite fear his downfall would have repercussions for them.

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