Riad Salameh faces a string of misconduct investigations in Lebanon and abroad. He denies any wrongdoing. AFP
Riad Salameh faces a string of misconduct investigations in Lebanon and abroad. He denies any wrongdoing. AFP
Riad Salameh faces a string of misconduct investigations in Lebanon and abroad. He denies any wrongdoing. AFP
Riad Salameh faces a string of misconduct investigations in Lebanon and abroad. He denies any wrongdoing. AFP

Lebanon's Riad Salameh released on $14 million bail


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Lebanon's former central bank chief Riad Salameh was released on $14 million bail on Friday, as he awaits trial over a vast alleged theft of public money.

Mr Salameh, 75, has spent more than a year in custody after he was charged with embezzling at least $42 million from the central bank, as well as illicit enrichment and forgery.

He denies wrongdoing. His lawyers have reported health problems and he was released from a hospital outside Beirut under tight security on Friday.

A court ordered Mr Salameh's release last month on what was described as the largest bail in Lebanese history. It also imposed a one-year travel ban on Mr Salameh, who faces several investigations at home and abroad.

The bail figure was initially given as more than $20 million, but it appeared a reduction had been agreed before his release on Friday.

His release from custody "marks a new chapter in his trial", his lawyer Mark Habka was quoted as saying by official Lebanese media. Mr Salameh's release was expected in any case, as his pretrial detention had exceeded a one-year limit.

Once a respected figure, Mr Salameh saw his reputation crumble after a 2019 financial crisis in Lebanon, which was followed by a string of misconduct allegations. His term as governor ended in July 2023.

The case pending trial is known as the Optimum scandal, after a brokerage with which Mr Salameh's Banque du Liban was allegedly involved in fraudulent deals.

France has issued an arrest warrant for Mr Salameh and several other suspects, and European countries have also frozen assets worth hundreds of millions linked to the Salameh family.

The Optimum case is separate from an investigation into Forry Associates Ltd, another brokerage allegedly used by Mr Salameh to allegedly embezzle $330 million from the central bank. He denies all allegations against him, saying his personal wealth comes from legitimate sources.

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ICC Awards for 2021

MEN

Cricketer of the Year – Shaheen Afridi (Pakistan)

T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)

ODI Cricketer of the Year – Babar Azam (Pakistan)

Test Cricketer of the Year – Joe Root (England)

WOMEN

Cricketer of the Year – Smriti Mandhana (India)

ODI Cricketer of the Year – Lizelle Lee (South Africa)

T20 Cricketer of the Year – Tammy Beaumont (England)

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

'Skin'

Dir: Guy Nattiv

Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga

Rating: 3.5/5 stars

ESSENTIALS

The flights

Emirates flies direct from Dubai to Rio de Janeiro from Dh7,000 return including taxes. Avianca fliles from Rio to Cusco via Lima from $399 (Dhxx) return including taxes. 

The trip

From US$1,830 per deluxe cabin, twin share, for the one-night Spirit of the Water itinerary and US$4,630 per deluxe cabin for the Peruvian Highlands itinerary, inclusive of meals, and beverages. Surcharges apply for some excursions.

MATCH INFO

Burnley 1 (Brady 89')

Manchester City 4 (Jesus 24', 50', Rodri 68', Mahrez 87')

Day 3, Abu Dhabi Test: At a glance

Moment of the day Just three balls remained in an exhausting day for Sri Lanka’s bowlers when they were afforded some belated cheer. Nuwan Pradeep, unrewarded in 15 overs to that point, let slip a seemingly innocuous delivery down the legside. Babar Azam feathered it behind, and Niroshan Dickwella dived to make a fine catch.

Stat of the day - 2.56 Shan Masood and Sami Aslam are the 16th opening partnership Pakistan have had in Tests in the past five years. That turnover at the top of the order – a new pair every 2.56 Test matches on average – is by far the fastest rate among the leading Test sides. Masood and Aslam put on 114 in their first alliance in Abu Dhabi.

The verdict Even by the normal standards of Test cricket in the UAE, this has been slow going. Pakistan’s run-rate of 2.38 per over is the lowest they have managed in a Test match in this country. With just 14 wickets having fallen in three days so far, it is difficult to see 26 dropping to bring about a result over the next two.

Updated: September 27, 2025, 2:21 PM`