Is There a Ponzi Scheme at the Central Bank of Lebanon?

December 22, 2020

Ms. Gina Chammas’ presentation discusses whether there is a Ponzi scheme at the Central Bank of Lebanon or not based on discussing the CBL audited financial statements and the audit report of the year ended December 31, 2018.

I n addition, Ms. Chammas discusses the Ponzi scheme news presented in The Economist magazine on August 6, 2020, and what the President of France said about the Ponzi scheme of the financial system of Lebanon.

Chammas addressed Lebanon Certified Anti-Corruption Managers (LCACM) https://lcacm.org first International Virtual Anti-Corruption Conference on Dec. 9, 2020, celebrating the Anti-Corruption Day.

The following are the resources used in the presentation:

August 6, 20

The Economist

No way to run a country A big blast should lead to big change in Lebanon

https://www.economist.com/leaders/202…

September 29, 2020

Financial Times

Lebanese bankers plead their case to some new sheriffs
A visit to Paris by representatives of the country’s powerful banking lobby shows how far financiers have fallen

https://www.ft.com/content/0838e10c-5…

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