Lebanon PM will not extend central bank governor’s mandate, office says ...Saudi Arabia

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Lebanon PM will not extend central bank governor’s mandate, office says
BEIRUT: Lebanon’s caretaker premier Najib Mikati will not extend the term of sitting central bank governor Riad Salameh when it ends later this month, the prime minister’s office said on Monday. Salameh’s term expires on July 31, bringing an end to a 30-year tenure stained by recent charges at home and abroad of embezzlement of Lebanese public funds. He denies the charges.

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