The entrance of the Telecommunications Ministry. (Credit: Archive photo from L’Orient-Le Jour)
BEIRUT – Lebanon’s Court of Audit ordered on Nov. 20 four former telecom ministers to pay over $35 million in compensatory damages for a series of costly real-estate decisions that squandered public funds through the state-owned mobile operator MIC 2 (Touch).This is the first ruling of its kind issued by the Court.In 2023, the Court of Audit’s Second Chamber published a special report that examined a series of violations attributed to former telecommunications ministers Nicolas Sehnaoui, Boutros Harb, Jamal al-Jarrah, Mohammad Choucair, Talal Hawat and Johnny Corm. More about finance How exchange rate financing shifted from depositors' pockets onto all Lebanese According to the court’s decision — made public on Nov. 25 — the violations centered on two major real-estate files: the rental of the Kasabian building in Chiyah, for which...
BEIRUT – Lebanon’s Court of Audit ordered on Nov. 20 four former telecom ministers to pay over $35 million in compensatory damages for a series of costly real-estate decisions that squandered public funds through the state-owned mobile operator MIC 2 (Touch).This is the first ruling of its kind issued by the Court.In 2023, the Court of Audit’s Second Chamber published a special report that examined a series of violations attributed to former telecommunications ministers Nicolas Sehnaoui, Boutros Harb, Jamal al-Jarrah, Mohammad Choucair, Talal Hawat and Johnny Corm. More about finance How exchange rate financing shifted from depositors' pockets onto all Lebanese According to the court’s decision — made public on Nov. 25 — the violations centered on two major real-estate files: the rental of the Kasabian building in...
