The Finance Ministry is set to pay Alvarez & Marsal $150,000 in a few days in order to allow the firm to conduct extensive forensic auditing of all Central Bank accounts, a government source said.
UK’s Chargé d’Affaires in Lebanon: Forgive My Bluntness But There Is Something Rotten at the Heart of Lebanon
There have been better times to be head of the British Embassy in Lebanon. The crises buffeting this wonderful and troubled country – from the port explosion, to the Covid pandemic, to the economic collapse – have dulled Lebanon’s shine, impoverishing the people and putting both state institutions and the private sector under intolerable pressure. With no prospect in sight of a government capable of gripping the situation, Lebanon’s situation looks increasingly precarious.