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MTV Lebanon
Al-Saddi begins energy tanker audit
The Minister of Energy and Water, Jou Saadeh, announced the commencement of a forensic audit into the contracts for power ships and the sale of fuel oil during the period from 2012 to 2017, with the aim of uncovering sources of waste and corruption in this matter. The terms of reference and tender procedures were reviewed over several months, with a reaffirmation of the state's commitment to transparency and governance. The audit seeks to understand how public funds were spent, especially since the cost of producing electricity with the ships has always exceeded the declared costs, and that leasing the ships was more expensive than purchasing them, leading to losses for the public Electricity Corporation. It is expected that the results of the audit will reveal any anomalies or misappropriations of public money.
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