Bank secrecy law “blaming the blame”

While the importance of passing the law on the lifting of bank secrecy cannot be underestimated from the point of view that it is a real achievement and a milestone on the legislative path to combat corruption and control the corrupt, the bitter historical experiences With the ruling political system, they have led some observers to express their fear that this law will become The grasp of the pillars of this system to the mere decision to “blame” is nothing more than wondering: “It is known that the The main and exclusive purpose of suspending bank secrecy is to carry out a criminal audit at the Banque du Liban, but where is the auditing company?

After the “looting” of the company “Alvarez & Marsal”, choosing a new company after all the technical and logistical requirements of writing a new book of conditions, requesting offers, talks and talks, will be a matter that requires many months if not it is linked to the formation of the new government that may not see the light soon. Consequently, observers fear, according to “Nidaa Al Watan”, that the one-year deadline approved by Parliament will pass before an account audit file is opened, so we will return to the same problem in a year.

Follow-up sources considered that “the suspension of bank secrecy will continue to be a formality unless it is accompanied by actions that show serious intention to carry out a criminal audit” on the accounts, expressing their apprehension about “diluting” the matter by overturning it with procedural executive frameworks. and laborious that take time.

In this context, he highlighted that “active political forces do not hide their rejection of criminal scrutiny of bank accounts, so they will spare no effort to evade the laws and obstruct the methods that lead to the lifting of bank secrecy, which prevent the disclosure of bank accounts. hidden in corruption, waste and money smuggling accounts ”, warning against The continued cover-up of the bank account movement will inevitably mean that“ foreign capital will no longer find its way to Lebanon due to a lack of trust in the banking sector and fear of losing more money, and more than $ 87 billion was lost. ” He pointed out that it would have been more useful if it had been believed. Intentions: “Support the lifting of bank secrecy until the completion of the criminal audit work instead of restricting it to a specific period of time.”