Aoun Accuses BDL of Procrastination in Handing Data to Audit Firm

W460

President Michel Aoun on Monday reminded that he has warned against the “deliberate procrastination by the central bank in terms of handing over the complete data that is requested by forensic audit firm Alvarez & Marsal.”

“The Presidency hopes that… the central bank’s governorship does not have anything to conceal in the central bank’s accounts,” the Presidency said in a statement.

“The Lebanese people have the right to know how the gap in the central bank’s accounts started and grew and how private banks defaulted as the money of depositors was wasted,” the Presidency added.

It said that President Aoun “promises the Lebanese people, who are going through a suffocating social and living crisis, that accountability is coming and that the judiciary will achieve it.”

“President Aoun emphasizes that this approach that is destructive for our economy, dignified livelihood and our currency’s strength will fall with its symbols, and that the President will spare no effort before achieving that,” the Presidency added.

SourceNaharnet
Comments 1
Thumb gebran_sons 31 January 2022, 15:19

Corruption investigation? FPM and cronies wasted/stole 50 billion for generating power & polluting our air. Considering solar and wind cost, Lebanon energy can be 100% from renewable with $20 billion investment. Not to mention hydro power potential. With wasted money, second modern airport can be built with $3 billion, less for high-tech ports in Tripoli and Saida. Monorail from Tripoli to Tyr for $8 billion. Modern fishery for $1 billion. Two tunnels linking ports to Bekaa & Akar for $5 billion. A giga factory for batteries to supply the whole Middle East for $4 billion, thousands of industrial robots for $2 billions, even a microchip foundry employing thousands of engineers for $5 billion. Second, telecommunication where Lebanon due to its small size should have been 100% fiber optic with new cables linking to Cyprus/Europe for less than $3 billion. Bassil think Lebanese are stupid. We’ll see him in court once Lebanon is free again.