Lebanese central bank official arrested over currency allegations

central-bank-of-lebanon — The Central Bank of Lebanon

Dan Hardie
19 May 2020

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A Lebanese prosecutor has arrested a senior official at the country’s central bank and charged him with illegally manipulating the exchange rate, amid growing conflict between the bank and some political factions.

Prosecutor Ali Ibrahim charged Mazen Hamdan, the central bank’s director of cash operations, with currency manipulation on May 18, a judicial source told Agence France-Presse. Hamdan was arrested on Ibrahim’s orders on May 14, local media sources reported.

The Central Bank of the

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