U.S. Weighs Sanctions Against Lebanon Central Bank Chief

Officials within the Biden administration have discussed the possibility of coordinated measures with their European counterparts targeting Riad Salameh, who’s led the Middle Eastern nation’s monetary authority for 28 years, said the people, who requested anonymity because the talks are private.

The discussion has so far focused on the possibility of freezing Salameh’s overseas assets and enacting measures that would curtail his ability to do business abroad, the people said. Deliberations are ongoing and a final decision over whether to take action may not be imminent, they said. Salameh denies any wrongdoing.

Source Link: https://www.bloomberg.com/news/articles/2021-03-04/u-s-said-to-weigh-sanctions-against-lebanon-central-bank-chief