Banque du Liban commissions Alvarez & Marsal

Lebanese Bank (Banque du Liban) has launched a forensic audit in collaboration with Alvarez & Marsal to review operations related to the bank's foreign assets from October 1, 2019, to December 31, 2023. The audited operations include support for goods, bank transfers, and public sector transfers, with the aim of tracking funds and verifying the procedures followed. The audit seeks to enhance transparency and accountability, as well as to protect the bank's financial rights related to amounts paid from its foreign currency holdings. The bank continues to cooperate with the audit team until the results are completed independently and documented.

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