Lebanon’s finance minister Yousef Al Khalil signed a forensic audit agreement with the global consultancy Alvarez and Marsal (A&M) to carry out a forensic audit at the country’s central bank.
The consultancy will submit its report to the Lebanese government within 12 weeks after commencing its work, the country’s Ministry of Finance said in a statement on Friday.
Alvarez & Marsal was tasked with conducting a preliminary forensic audit on Lebanon’s central bank. It, however, terminated its contract in November, citing lack of information from the Lebanese Ministry of Finance and the central bank.
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