The BDL (central bank) governor, Karim Souhaid, at the BDL headquarters on Nov. 5, 2025. (Credit: Philippe Hage Boutros/L'Orient-Le Jour)
The Court of Cassation’s Public Prosecutor’s Office has scheduled its next hearing for July 30 in the case stemming from a lawsuit filed in January by Banque du Liban (BDL, central bank) Governor Karim Souhaid, against former BDL governor Riad Salameh and Bank Audi’s former CEO Samir Hanna. When the lawsuit was announced, the identities of the two officials were not disclosed.This case concerns securities that BDL allegedly subscribed to in various companies, with Bank Audi shares serving as collateral.These alleged transactions reportedly caused significant financial losses through central bank funds investments in entities that were later found to be fictitious or in financial distress.Following the questioning of Hanna last week, the Public Prosecutor’s Office decided to summon both him and Salameh for a new hearing on July 30. More...
The Court of Cassation’s Public Prosecutor’s Office has scheduled its next hearing for July 30 in the case stemming from a lawsuit filed in January by Banque du Liban (BDL, central bank) Governor Karim Souhaid, against former BDL governor Riad Salameh and Bank Audi’s former CEO Samir Hanna. When the lawsuit was announced, the identities of the two officials were not disclosed.This case concerns securities that BDL allegedly subscribed to in various companies, with Bank Audi shares serving as collateral.These alleged transactions reportedly caused significant financial losses through central bank funds investments in entities that were later found to be fictitious or in financial distress.Following the questioning of Hanna last week, the Public Prosecutor’s Office decided to summon both him and Salameh for a new hearing on July...
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