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Riad Salameh: The enigmatic figure and the implications of his downfall

  • Walid Mahroum Walid Mahroum
  • Source: Al Mayadeen English
  • 28 May 2023 16:40
  • 4 Shares
6 Min Read

His influence, coupled with allegations of his compliance with the US agenda, has led many to consider Salameh as the holder of Lebanon's black box.

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  • Riad Salameh: The enigmatic figure and the implications of his downfall

In the complex political landscape of Lebanon, Riad Salameh has long been an influential figure, often referred to as the "US man in Lebanon." His role as the Governor of the Central Bank of Lebanon has granted him immense power and control over the country's economy, leading some to speculate about his deep connections and the secrets he holds. As Salameh faces scrutiny and his influence wanes, questions arise about whether he will be left to sink alone or if the United States will intervene to protect its interests and maintain control over Lebanon's political landscape. 

The enigmatic figure of Riad Salameh 

Riad Salameh's rise to power in Lebanon has been a subject of interest and speculation. Prior to the presidency of Michel Aoun, there were rumors that Salameh was the preferred candidate of the United States for the Lebanese presidency. These claims have fueled theories about Salameh's close ties to US interests and his role as a key player in shaping Lebanon's economic and political landscape. 

As the Governor of the Central Bank of Lebanon since 1993, Salameh has been regarded as the maestro of the country's economy. His influence extends beyond monetary policies, as he is believed to have significant control over the Lebanese government’s decision-making processes. This influence, coupled with allegations of his compliance with the US agenda, has led many to consider Salameh as the holder of Lebanon's black box, where deep secrets and hidden agendas reside. 

The unraveling of Salameh's influence 

Despite Salameh's longstanding power and influence, recent developments suggest a change in his fortunes. His credibility has been severely damaged by accusations of financial mismanagement and corruption, particularly following the economic and financial crisis that has engulfed Lebanon since 2019. The Lebanese people, who have suffered the consequences of economic collapse, hold Salameh partially responsible for the dire situation the country finds itself in. 

Furthermore, mounting pressure from domestic and international actors, including the United States, has led to investigations into Salameh's financial dealings and potential wrongdoings during his tenure. As his reputation crumbles, the question arises as to whether the US will let him sink alone or take steps to protect its interests and maintain control over Lebanon's political dynamics. 

The US dilemma: Salvaging or silencing Salameh? 

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Salameh's deep involvement in Lebanon's economic and political affairs over the past three decades raises concerns about the potential exposure of sensitive information and the consequences this could have for those who have collaborated with him. Given his extensive knowledge of the inner workings of Lebanese governance and his alleged compliance with the US agenda, it is plausible that Salameh possesses information that could prove damaging to both Lebanese and international actors. 

The United States faces a delicate dilemma regarding Salameh's fate. On one hand, allowing him to sink alone may risk his potential disclosure of information that could expose the extent of US influence and involvement in Lebanon's affairs. On the other hand, actively protecting him may draw further attention to the alleged manipulation and control exerted by external powers, undermining the narrative of Lebanese sovereignty and self-determination. 

Potential scenarios and ramifications 

The unfolding events surrounding Riad Salameh's downfall could take several paths, each carrying its own implications. Should he face legal consequences and be held accountable for any wrongdoing, it may signal a turning point in Lebanon's efforts to combat corruption and restore public trust. However, this scenario also poses the risk of exposing the intricate network of power and collusion that has characterized Lebanese politics for decades, potentially leading to further instability and upheaval. 

Alternatively, the US and other influential stakeholders may attempt to strike a deal with Salameh, offering him protection or incentives to ensure his silence. This approach would aim to prevent the disclosure of sensitive information and maintain the status quo, albeit at the cost of perpetuating a system that has long been criticized for its lack of transparency and accountability. 

It is important to note that the dynamics surrounding Salameh's fate are multifaceted and involve not only the United States but also a range of local and regional actors. The interests and actions of these various stakeholders will shape the ultimate outcome. 

In the context of Lebanon's history, the silencing of influential figures is not unprecedented. Over the years, the country has witnessed instances where individuals who possessed sensitive information or posed a threat to powerful entities were subjected to coercion, threats, or even elimination. Whether the same fate awaits Salameh remains to be seen, and it would largely depend on the perceived risks and consequences associated with his potential revelations.

Furthermore, the evolving geopolitical landscape in the region adds another layer of complexity to the situation. As global powers vie for influence and control in the Middle East, Lebanon's strategic location and its historical ties to various regional players make it a battleground for competing interests. The United States, while having significant influence, must also consider the reactions and responses of other regional actors to any actions taken regarding Salameh. 

Riad Salameh's decline in influence and the scrutiny surrounding his actions have put the United States in a challenging position. As an enigmatic figure with alleged deep control over Lebanon's economy and political landscape, Salameh's potential exposure of sensitive information could have far-reaching consequences for both Lebanese and international actors. 

The path forward is uncertain, and the decisions made by the United States and other stakeholders will have profound implications for Lebanon's future. Whether Salameh is left to face the consequences of his actions alone or if measures are taken to ensure his silence, the situation highlights the intricate web of power, secrecy, and external influence that has shaped Lebanon's governance for decades. 

The fate of Riad Salameh and the repercussions of his potential revelations will depend on a delicate balance of interests, power dynamics, and geopolitical considerations. As events continue to unfold, the story of Salameh serves as a reminder of the complexities and challenges inherent in Lebanon's quest for transparency, accountability, and genuine sovereignty. 

The views expressed in this article are solely those of the author and do not necessarily reflect Al Mayadeen’s editorial stance.
  • Lebanon crisis
  • Lebanese Central Bank Governor
  • Economic crisis in Lebanon
  • Riad Salameh
  • Lebanon's judicial investigation
  • Central Bank of Lebanon
  • Lebanon
Walid Mahroum

Walid Mahroum

a multidisciplinary educator.

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