Lebanese Central Bank Governor Denies Sending Money Abroad

Lebanese Central Bank Governor Denies Sending Money Abroad

Lebanese Central Bank Gov. Riad Salameh Tuesday dismissed as "fabrications and false news" reports that he, his brother, and an assistant had transferred abroad millions of dollars.

Salameh's statement came after it was revealed Swiss authorities had opened an investigation into money transfers linked to the governor.

“The governor confirms that, as always, BDL adheres to the applicable Lebanese and international laws, and cooperates with all those concerned with Lebanon and its financial and banking status both at home and abroad,” a BDL statement read.

It added that Salameh is certain that "all claims about alleged financial transfers that he made abroad, whether in his name, his brother's or in the name of his assistant, are fabrications and false news that have no basis and will be the subject of judicial prosecution.”

The justice minister said earlier in the day she had received a request from Swiss judicial authorities to cooperate on an inquiry into money transfers by Salameh.

A government official confirmed that Swiss authorities had opened an investigation into transfers made by Salameh. "Both the prime minister and the president are in the loop on the move," the official said.

"I have submitted the request to the public prosecutor to do what is necessary,"