Lebanon agrees $20 million bail for ex-central bank chief Salameh ...Middle East

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Salameh faces multiple accusations including embezzlement, money laundering and tax evasion in separate investigations both within Lebanon and internationally.

Judicial officials confirmed the bail arrangement includes $20 million plus five billion Lebanese pounds equivalent to approximately $56,000 along with a one year travel ban effective from the decision’s implementation date.

The judiciary had previously issued release orders for Salameh in two other cases last month according to the same officials.

Salameh’s lawyer Mark Habka told AFP that the bail is both high and illegal while indicating he would consult with his client about potential next steps.

The decision to grant bail now reportedly considers Salameh’s health condition according to judicial sources.

The former governor, who left office in July 2023, has consistently denied all allegations claiming his wealth originates from private investments and his previous employment at Merrill Lynch. – AFP

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