Lebanon c. bank 1st vice governor to be acting head: sources ...Kuwait

News by : (The New Arab) -
The first vice governor of Lebanon's central bank, Wassim Mansouri, will announce on Monday that he is taking over as interim head once longtime chief Riad Salameh's tenure ends, three sources familiar with his thinking told Reuters. Salameh, 73, is set to step down on Monday after a 30-year tenure, tarnished in recent years by a financial meltdown that impoverished many Lebanese as well as corruption charges against him at home and abroad, which he denies. Mansouri, 51, is expected to announce the decision at a news briefing later in the day. Lebanon's deeply divided political class had failed to name a successor to Salameh. According to Lebanese law, the first vice

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