Employees Of Lebanon’s Central Bank Protest Legal Proceedings Against Regulator

TDS

On Tuesday, the Central Bank of Lebanon (BDL) closed its doors as employees held a one-day strike to protest against the legal proceedings the regulator is facing.

The employees stated that they are protesting because of the “unjust situation against the central bank and its employees” and to “avoid later escalation.”

Riad Salameh, governor of BDL, is currently in the midst of two corruption investigations and hasn’t appeared in hearings. Security forces also raided his home in Rabieh last Wednesday.

He and his brother, Raja Salameh, are also accused of fraud, embezzlement, and illicit enrichment and face investigations in many European countries. 

Raja Salameh spent a month in detention and was released on May 22 on a record bail of $3.7 million.

Related: Forensic Audit Of Lebanon’s Central Bank Will Be Conducted Starting June 27

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Employees Of Lebanon's Central Bank Protest Legal Proceedings Against Regulator

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