A Lebanese judge has ordered the release of former economy minister Amin Salam on bail of nine billion Lebanese lira (about $100,000) and imposed a travel ban on him.

Judge Kamal Nassar approved the release of Mr Salam, who served as minister from 2021 until earlier this year. He was first arrested six months ago over alleged financial crimes.

The former minister is under investigation over claims of falsification, embezzlement of public funds and blackmailing insurance companies.

He was arrested following a complaint filed earlier this year by Lebanese MP Farid Boustany, who chairs the parliamentary economy committee, over allegations of β€œembezzlement, extortion and waste of public funds”.

The committee alleged that Mr Salam awarded overpriced contracts to foreign companies for se

πŸ“°

Continue Reading on The National UAE

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’