BEIRUT: The brother of Lebanon’s central bank governor did not attend a hearing in Beirut on Tuesday with European investigators probing whether the siblings embezzled and laundered hundreds of millions of dollars in public funds over more than a decade.
Governor Riad Salameh is being investigated alongside his brother Raja in Lebanon and in at least five European countries over allegedly taking more than $300 million from the central bank by collecting commissions as a fee from bond buyers then transferring the funds to Forry Associates, owned by Raja.
Governor Riad Salameh is being investigated alongside his brother Raja in Lebanon and in at least five European countries over allegedly taking more than $300 million from the central bank by collecting commissions as a fee from bond buyers then transferring the funds to Forry Associates, owned by Raja.
