Lack of audits undermine Lebanon’s claim to be Middle East gold heavyweight

by Ronan Manly, BullionStar: With claimed gold reserves of 286 tonnes, Lebanon’s central bank – Banque du Liban – trumpets itself as being one of the Middle East’s largest sovereign gold holders. In fact, on a regional basis, only the claimed gold reserves of Saudi Arabia are larger. Indeed, Banque du Liban governor Riad Salameh, […]