Executive Moves
Regulation, Risk & Compliance
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New board of directors appointed to run Lebanon’s ‘corrupt’ state power company
Lebanon’s government finally appointed a new board of directors on Tuesday to control the state-owned electricity company. Electricite du Liban has long been mired in allegations of corruption and fraud. Its annual losses of up to $2 billion a year are the biggest single drain on state finances as Lebanon…
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Click here to read the full story: Arab News