Lebanon central bank chief in spotlight over $6bn boost to assets

Lebanon’s central bank Lebanon’s central bank. Analysts say it is highly unusual that the governor’s judgment should be used to determine an asset’s value © Aziz Taher/Reuters

Lebanon’s central bank chief arbitrarily boosted the institution’s assets by at least $6bn using unorthodox accounting measures as the country’s financial system careered towards collapse, leaked financial statements indicate.

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