Alvarez & Marsal Will Reportedly Start Extensive Forensic Auditing Of Lebanon’s Central Bank

  • Date: 28-Jul-2021
  • Source: The961
  • Sector:Economy
  • Country:Lebanon
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Alvarez & Marsal Will Reportedly Start Extensive Forensic Auditing Of Lebanon’s Central Bank

The accounting firm Alvarez & Marsal will reportedly start extensive forensic auditing of all accounts of Lebanon's Central Bank within a few days, according to The Daily Star. Citing a government source, the daily reported that the firm will receive $150,000 from Lebanon's Finance Ministry to allow it to begin the audit. The Central Bank reportedly also provided the firm with all documents and data it requested, despite previously refusing to comply with the company over banking secrecy laws. However,