Lebanon

Kanaan: The Forensic Audit Proved Our Work in the Finance and Budget Committee

Kanaan: The Forensic Audit Proved Our Work in the Finance and Budget Committee

The head of the Finance and Budget Committee, Deputy Ibrahim Kanaan, wrote on his account on the platform "X": "The forensic audit report after the collapse, which was approved by the Finance and Budget Committee in its amended law to remain in place until the completion of the audit works, and not for a period of one year as was proposed, has proven part of what we have done and worked on and documented in the Fact-Finding Committee and the Finance and Budget Committee since 2010, which is nine years before the collapse and thirteen years before the forensic audit, regarding the inaccuracy of the state's accounts and public finances in all their components and facilities. This has been acknowledged today by everyone, albeit too late, despite attempts by some to obscure this truth and distort it for known interests and agendas." He added: "We will continue to monitor the institutional oversight of this file related to the rights of the state and the Lebanese people, including depositors. The Finance Committee will hold a session soon, and the judiciary must fulfill its duties to reach accountability and uphold the rights of depositors that have been usurped, instead of considering them 'losses', as they are obligations owed by the state, the Central Bank, and the banks. We will expose - as we have done - the game of differentiating their definition between the governments and the Central Bank, which have evaded responsibility in solidarity for four years in conducting a comprehensive survey of the assets of the banks, the Central Bank, and the state, as well as the approval of the absent credit fund from the government's plans which aim to undermine the basic and legitimate rights of the Lebanese."

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