The former head of Lebanon’s central bank, Riad Salameh, appeared in court on Monday for the first time since he was arrested last week on charges of embezzling up to $42m (£32m) of public funds.
Monday’s hearing is the latest in the long saga of Salameh, once vaunted as a financial wizard who earned Lebanon its reputation as the “Switzerland of the Middle East” during his 30-year tenure. He has since fallen into disrepute and is suspected of engineering a country-wide Ponzi scheme that caused Lebanon’s 2019 financial meltdown and its five-year-long economic crisis.
