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Lebanese Central Bank Refuses To Provide Auditors The Requested Documents
While Lebanon’s Central Bank undergoes a forensic audit to determine exactly how massive sums of money were spent and are unaccounted for, a source close to the international auditor “Alvarez & Marsal” told The Daily Star that the Central Bank has thus far refused to provide the firm with documents needed to perform a forensic audit.
The auditing firm found BDL’s reaction very troubling, and is allegedly studying the possibility of terminating the contract with the government.
Back in July, the Lebanese government hired the firm Alvarez & Marsal to conduct a forensic audit of the Central Bank as the country continued to grapple with a financial meltdown.
How is Salameh going to defend this one?
Lebanon’s Central Bank has declined to provide Alvarez & Marsal with the documents needed to undertake the forensic audit, a senior government official revealed Tuesday. https://t.co/x25XKnuoib
— The Daily Star Lebanon (@DailyStarLeb) October 27, 2020
The auditing firm found BDL’s reaction very troubling, and is allegedly studying the possibility of terminating the contract with the government.
Back in July, the Lebanese government hired the firm Alvarez & Marsal to conduct a forensic audit of the Central Bank as the country continued to grapple with a financial meltdown.
How is Salameh going to defend this one?
