Riad Salameh, the former governor of Lebanon’s central bank, was arrested in Beirut on Tuesday on charges of financial crimes linked to a brokerage company. This arrest comes after years of accusations against Salameh, including charges of illicit enrichment and money laundering. The charges stem from his dealings with Optimum Invest between 2015-2018, a Lebanese firm that offers income brokerage services. This arrest marks a significant development in Lebanon’s fight against financial corruption and could potentially help the country avoid being placed on a ‘grey list’ by the Financial Action Task Force (FATF).
