https://sputnikglobe.com/20221004/depositor-storms-bank-in-lebanon-to-demand-his-money-1101500506.html
Depositors Demand Money in Lebanese Banks, One Takes Hostages - Video
Depositors Demand Money in Lebanese Banks, One Takes Hostages - Video
Sputnik International
CAIRO (Sputnik) - A retired military man broke into a bank in eastern Lebanon on Tuesday to demand withdrawal of money from his own savings account, the... 04.10.2022, Sputnik International
2022-10-04T12:24+0000
2022-10-04T12:24+0000
2022-10-04T13:17+0000
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lebanon
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Gun-toting Ali al-Sahli stormed BLC Bank’s branch in Chtoura, a town to the east of the capital Beirut, and took several employees hostage in a desperate effort to compel them to hand over his money. He was arrested.Another angry depositor broke into a Byblos Bank branch in the city of Tyre to the south and demanded $44,000 in cash from his own savings to pay off loans. A group of utility workers in the country’s north stormed an FNB branch to retrieve their trapped wages on the same day.The onslaught by depositors come a day after commercial banks reopened across the country under tight security rules following a string of break-ins by outraged depositors last month.Cash-strapped Lebanon has been mired in economic and political crises since 2019 when its financial system caved in on itself under the weight of decades of economic mismanagement and corruption.
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Depositors Demand Money in Lebanese Banks, One Takes Hostages - Video
12:24 GMT 04.10.2022 (Updated: 13:17 GMT 04.10.2022) CAIRO (Sputnik) - A retired military man broke into a bank in eastern Lebanon on Tuesday to demand withdrawal of money from his own savings account, the Depositors' Outcry Association said.
Gun-toting Ali al-Sahli stormed BLC Bank’s branch in Chtoura, a town to the east of the capital Beirut, and took several employees hostage in a desperate effort to compel them to hand over his money. He was arrested.
"Ali al-Sahli who stormed a bank office in Chtoura has been arrested," the Depositors' Outcry Association said on social media.
Another angry depositor broke into a Byblos Bank branch in the city of Tyre to the south and demanded $44,000 in cash from his own savings to pay off loans. A group of utility workers in the country’s north stormed an FNB branch to retrieve their trapped wages on the same day.
The onslaught by depositors come a day after commercial banks reopened across the country under tight security rules following a string of break-ins by outraged depositors last month.
Cash-strapped
Lebanon has been mired in economic and political crises since 2019 when its financial system caved in on itself under the weight of decades of economic mismanagement and corruption.
