Dr. Abu-Ghazaleh participates in panel session ‘Governor of Lebanon’s Central Bank Mandate: Governor’s or Governance Crisis’

Dr. Abu-Ghazaleh participates in panel session ‘Governor of Lebanon’s Central Bank Mandate: Governor’s or Governance Crisis’

AMMAN – HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), has digitally participated in the panel session organized by Al Madina Forum in Beirut entitled: “Governor of Lebanon’s Central Bank Mandate: Governor’s or Governance Crisis”.The panel was attended by a host of specialists and people badly affected by the incorrect decisions taken by the government and the Central Bank Governor.

The session has hosted Mr. Roy Badaro, an economist expert in drafting general policies, and Mr. Tawfiq Shambour, researcher and lecturer on financial laws and currency to talk about the future of the Central Bank’s governance after the expiration of the mandate of Governor Riad Salameh.

During the session, Dr. Abu-Ghazaleh raised a number of inquiries in his statement, mainly the mechanism of appointing the Central Bank governor, who he is responsible for, how he is held accountable, how he could be dismissed, as well as his legal reference, noting that answers to such questions are shrouded in ambiguity.

Dr. Abu-Ghazaleh further affirmed the need to develop a legal study that clarifies the relation with the governor of Lebanon’s Central Bank, mechanisms of his appointment, accountability to all ‘crimes’ committed against Lebanon, its economy and people, pointing out that