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A wave of armed financial institution robberies has been sweeping Lebanon amid its financial meltdown. However the heists have adopted a extremely uncommon sample: The robbers are the banks’ purchasers, and the cash they’ve been demanding is the contents of their very own accounts.
These thieves have been pushed to such extraordinary lengths to get their financial savings as a result of banks have imposed strict withdrawal limits to keep away from collapse.
Within the Opinion video above, Sali Hafiz, a Lebanese inside designer, describes how a well being disaster in her household drove her to take up arms — really, a toy pistol — and withdraw cash by pressure. However the movie additionally argues that the true thieves are usually not residents like Ms. Hafiz who’re making an attempt to get their hard-earned financial savings however, somewhat, corrupt monetary and political leaders who’ve helped to run the economic system into the bottom.
Prosecutors from 5 European nations have been investigating Riad Salameh, the governor of Lebanon’s central financial institution, who has been accused of laundering public cash in Europe. And final Thursday, The Related Press reported, Lebanese prosecutors charged Mr. Salameh, his brother and an affiliate with embezzlement, forgery, cash laundering, illicit enrichment and tax regulation violations.
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