Justice Ministry says to seek naming BDL interim director
The Justice Ministry announced Wednesday that it is preparing to submit to the State Shura Council a request for naming an interim director for the Central Bank, days before the expiry of the term of long-serving Governor Riad Salameh.
The Ministry said its move comes “in light of the developments that might arise over the next two days, to avoid any vacuum in the Central Bank’s governor post and to secure the proper functioning of the financial and monetary facility.”
As per Lebanese laws, the bank’s first vice governor assumes the governor’s duties should the post become vacant for any reason. But according to media reports, First Vice Governor Wassim Mansouri is inclined to resign prior to Salameh’s departure amid ambiguity over the stance of the other three vice governors.
