Lebanon’s President Aoun holds central bank responsible for crisis ...Saudi Arabia

Author: ReutersID: 1617819800972769000Wed, 2021-04-07 21:35 BEIRUT — Lebanon’s President Michel Aoun on Wednesday held the Central Bank responsibility for the financial collapse and stalling an audit, which’s a key condition for foreign aid the country badly needs. In a national address, Aoun accused Lebanese banks of squandering people’s savings and the Central Bank’s governor of giving excuses for refusing to answer 73 out of 133 questions that consultancy Alvarez & Marsal had sent for the audit. “To the central bank I say: the main responsibility befalls you,” he said, in his strongest criticism yet. “You should have taken measures to protect people’s money in the banks.” Central Bank

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