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Lebanon ministry to ask consultants A&M to resume central bank forensic audit

Published: Updated:

Lebanon’s finance minister said on Wednesday the country would contact Alvarez & Marsal to resume a forensic audit of the central bank, a key condition for foreign aid that has hit a roadblock.

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Parliament agreed this week to lift banking secrecy for one year, after the restructuring consultancy pulled out of the audit, saying it had not received information it required.

Read more: Alvarez & Marsal confirms withdrawing from Lebanon central bank audit

“It was decided based on the law from parliament and government decisions to contact the firm A&M to resume the forensic audit,” the minister’s office cited him as saying after meeting with the president.