Le Monde
Europe · 4 hrs ago
✦ 78◉ Centre
HSBC charged for helping former Lebanese central bank head embezzle hundreds of millions
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
HSBC's Swiss subsidiary has been charged with allegedly assisting former Lebanese central bank governor Riad Salameh in embezzling over $300 million from Lebanon's central bank, according to a French judicial investigation.
HSBC charged for helping former Lebanese central bank head embezzle hundreds of millions
The Swiss subsidiary of HSBC is suspected of having helped former Lebanese central bank chief Riad Salameh embezzle more than $300 million from the country's central bank. The charges mark a significant development in the French judicial investigation.
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