BEIRUT, 6 March, 2021 (TON): The media reports on U.S. to intend sanction the Lebanese Central Bank Governor Riad Salameh have been dismissed by the U.S. embassy in Lebanon.

The embassy spokesperson, Casey Bonfield said in a statement on Friday, "We have seen reports about possible sanctions on Riad Salameh. They are untrue."

This emerged a day after as the American based TV network said that the U.S. was considering to impose sanction Salameh in regard of its probe into the alleged pilfering of the funds of the public.

While the Central Bank said on Friday, “The Salameh will file a series of lawsuits inside and outside Lebanon against Bloomberg News and all those who stand behind them over crimes of fabricating news, insulting and attempting to discredit the Governor".

Earlier this year, Riad was alleged of transferring million dollars abroad, and the Lebanese Justice Minister Marie-Claude was requested by the Swiss authorities to inquire into the embezzlement. While, the official denied of the allegations.

This led to a huge criticism over the shortage in the U.S. dollars that shook the economy, reducing the reserves of Lebanese currency.