Within a few hours, two Lebanese attack two banks in southern Lebanon and Beirut with weapons demanding to receive their money. The banking system in Lebanon is seen as one of the most obvious symbols of corruption in the land of cedars and this week it is in the spotlight more than ever
Within a few hours, two Lebanese attack two banks in southern Lebanon and Beirut with weapons demanding to receive their money. The Bank Association is inclined to announce the closure of banks until Monday due to the situation. The banking system in Lebanon is seen as one of the most distinct symbols of corruption in the land of cedars and this week it is in the crosshairs more than ever. Bank deposits were frozen for three years by the government after Lebanon’s economic collapse in 2019, when depositors in Beirut began taking matters into their own hands.
Against the background of the difficult situation in Lebanon, Roy Case reports that “While citizens in Lebanon continue to storm the banks demanding to receive their money, Nasrallah met at his residence with a delegation from the Houthi rebels in Yemen who are supported by Iran. Standout in the landscape: the cups of tea that were served to the participants in the meeting. Oli Vysotsky” .
While citizens in Lebanon continue to storm the banks demanding to receive their money, Nasrallah met at his residence with a delegation from the Houthi rebels in Yemen who are supported by Iran. Prominent in the landscape: the cups of tea that were served to the participants in the meeting. Maybe Vysotsky pic.twitter.com/4PFz4yrp3S
— roi kais • Roi Kays • Roi Kays (@kaisos1987) September 16, 2022
The Reuters news agency reported that one of the citizens who demanded his money had a gun that turned out to be a toy, he was arrested after threatening inside a bank and demanding his frozen savings in the banking system. This is the third incident this week.
Banks in Lebanon have blocked most depositors from withdrawing their savings since the economic crisis hit the country three years ago, leaving a large part of the population below the poverty line.
Last month, a man was arrested after holding bank employees at gunpoint in Beirut to withdraw funds to treat his ailing father, but was released without charge after the bank dropped its case against him. A few days ago a young Lebanese woman demanded her money to take care of her sister who is sick with cancer, she managed to get 13,000 dollars, she also used a toy gun.