Liechtenstein judge confirms he is investigating Lebanese governor

Riad Salameh

Lebanon’s central bank ended its subsidy for petrol imports, as another European judge said he was investigating its governor over money laundering allegations.

The Central Bank of Lebanon announced it would no longer provide dollars at below market rates to petrol importers on September 12, Reuters reported. The central bank first said it would halt the subsidy last year as it ran short of dollars, but failed to do so.

The move is likely to lead to higher and more volatile petroleum prices

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account