Lebanon’s Salameh defends scandal-hit bank

bank-of-lebanon

Riad Salameh, the governor of the Bank of Lebanon, has come to the defence of the Lebanese Canadian Bank (LCB) after it was accused by the US Treasury of links to drugs trafficking, money laundering and Hezbollah, a terrorist organisation.

The National News Agency, a state-run news agency run by Lebanon’s information ministry, on Friday reported Salameh as saying the LCB was “complying with the Lebanese laws, international criteria and directives issued by the central bank as well as the guideli

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