Former head of Lebanese central bank in court on embezzlement charges
Protesters try to block a security forces convoy entering the Palace of Justice in Beirut, Lebanon, where the former central bank chief Riad Salameh was to attend a hearing, on 9 September.
2024-09-09 621词 中等
Salameh is accused of concealing massive embezzlement from the central bank through creative accounting and by offering interest rates up to 20%, which consistently attracted new capital. In 2019, a run on the banks brought the years-long scheme to an abrupt halt.
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