Lebanese central bank governor denies transferring funds abroad

2021-01-19 14:35:45 GMT2021-01-19 22:35:45(Beijing Time) Xinhua English

BEIRUT, Jan. 19 (Xinhua) -- Lebanese Central Bank Governor Riad Salameh rejected on Tuesday accusations about having transferred millions of U.S. dollars abroad along with his brother and an assistant, a statement by Banque du Liban reported.

"The governor confirms that, as always, Banque du Liban adheres to the Lebanese and international laws, and cooperates with all those concerned with Lebanon and its financial and banking status both at home and abroad," the statement said.

Justice Minister Marie-Claude Najm said earlier in the day that she had received a request from Swiss judicial authorities to cooperate on an inquiry into money transfers by Salameh.

"I have transferred the request to the public prosecutor to do what is necessary," she said.

Lebanon's central bank has come under heavy criticism due to a shortage in U.S. dollars given the economic slowdown and the drop in cash injections from Lebanese abroad, reducing the central bank's foreign currency reserves. Enditem

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