Lebanese central bank governor charged with breach of trust

Lebanese central bank governor charged with breach of trust

BEIRUT: Lebanese Central Bank Governor Riad Salameh has been charged with dereliction of duty and breach of trust, the state news agency reported on Thursday.

Judge Ghada Aoun also brought charges against a money exchange company for breaching an administrative regulation, the agency said.

It did not provide further details. Salameh was not immediately available for comment.

Salameh has headed Lebanon's central bank since 1993. Aoun had been investigating his management of dollars that were allocated for subsidising basic goods.

His role came under scrutiny after Lebanon's financial system collapsed in 2019, prompting a crash in the Lebanese pound and a sovereign default.

Iranian resistance caution against sanctions relief 'lifeline' for Iran

Warning comes amid Iranian fury over US refusal to lift sanctions on the economically isolated state

Sanctions were imposed on Iran for repeated violations of 2015 Iran nuclear deal

Updated 48 sec ago

Christopher Hamill-Stewart

January 28, 2021 21:43

LONDON: An Iranian resistance group has warned against providing the Iranian regime with the "lifeline“ of sanctions relief, amid Iranian anger over the Biden administration's refusal to lift punitive measures imposed on the country.

Ali Safavi, an official of the Foreign Affairs Committee of the Paris-based National Council of Resistance of Iran (NCRI), told Arab News that the lifting of sanctions