Hearing Begins for Bank Officials on Capital Flight
Financial Prosecutor Judge Ali Ibrahim began a hearing on “suspicious” amounts of money transferred abroad after the October 17 uprising, the National News Agency reported on Monday.
NNA said the Judge will begin hearing arguments from several bank owners and chairmen related to funds transferred to swiss banks, and the sale of Eurobonds by local banks to foreign investors including Ashmore Group Plc.
In consecutive hearing sessions, judge Ibrahim and seven other judges of the financial public prosecution will hear the arguments of head of the Association of Banks in Lebanon Salim Sfeir, and arguments of the chairman of fourteen of Lebanon’s banks, said the agency.
02 March 2020, 17:27
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What a Banana Republic. Hizbollah transformed Lebanon into Suleimany brigade and dirty force for 20 years destroying our place as regional headquarter for international firms with their good paying jobs and drying up all investments and tourism as Lebanon foreign policy was under occupation by Iran that can start a war anytime to defend its nuclear program... leading to sky-high interests to offset the political risk and then inevitable bankruptcy when interest added to electricity deficit. Every economist know Hizb 99% responsible for our bankruptcy and no recovery without disarming Hizb and ending its Vichy government. Funny judges are after bank policies and not the source of problems, illegal crossings, illegal communication lines, drug dealing, money laundering, and assassination teams. Once this nightmare is over, we will bring everyone in this Vichy government and fake justice system to trial.
