Banque du Liban controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2020
Investigations involving Riad Salamé
Lebanese and foreign authorities investigated allegations involving former Governor Riad Salamé, including alleged illicit enrichment, embezzlement, and money laundering. Salamé denied wrongdoing; the existence of investigations should not be treated as proof of the allegations.
2019
Central-bank conduct during Lebanon’s financial crisis
BDL’s exchange-rate management, financial-engineering operations, banking-sector support, and disclosures became subjects of intense criticism after Lebanon’s financial system entered crisis. The controversy concerned the distribution and recognition of losses and the effects on depositors, banks, and the state.