Lebanese depositors protest outside banks against parliament’s draft capital control law

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Lebanese depositors staged a sit-in outside multiple Beirut bank branches to denounce violating their rights. Angry over local banks’ seizure of their assets, protests come amid the extensive deployment of Lebanese army forces in the streets of the capital. Protests started outside the House of Representatives, coinciding with a parliament session about a draft capital control law. Demonstrator Alaa Khorshid told A24 that the law is an attempt by MPs to legalize the theft of the citizens’ money. Some protesters warned of the catastrophe that Lebanon would face as banks ran out of cash reserves. Others threatened revenge on bank owners for stealing citizens’ funds and that no law could protect them.

 

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