Lebanese central bank faces audit as crisis deepens
Inflation is spiralling and IMF talks have yet to result in a bailout package
The Central Bank of Lebanon is to be audited as recriminations fly over the country’s descent into economic crisis.
The government appointed turnaround consultants Alvarez & Marsal to carry out the audit, after a cabinet meeting on July 21.
Prime minister Hassan Diab said the audit of the central bank’s accounts would form a key part of the government’s reform agenda. The central bank, led by long-standing governor Riad Salameh, has been accused of failing to prevent the collapse of the
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