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

Report: 'Embezzled' Lebanese Cash in Swiss Banks

Riad Salameh Raja Salameh Marianne Hoayek central bank UBS Lebanon Switzerland
A view shows the Central Bank building, in Beirut, Lebanon November 12, 2020. REUTERS/Mohamed Azakir

Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss media reported on Sunday.

Salameh, 72, faces investigations related to suspicions of money laundering and illicit enrichment in Lebanon and abroad after he amassed a fortune in the country mired in financial crisis.

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