Hizbullah MP says his party seeking to recover depositors money

W460

Hizbullah's MP Hassan Ezzeddine said Friday that the capital control law should have been issued at the start of the financial crisis and not after three years from its onset.

Ezzeddine claimed that Hizbullah is concerned about protecting the depositors' rights, just the way it is concerned about protecting the Lebanese from the Israeli enemy.

"We will work to find guarantees within the recovery plan to recover the depositors' money," Ezzeddine said.

The Shiite Duo ministers, along with al-Marada and the Lebanese Democratic Party's ministers had voiced reservations over the capital control law that was approved on Wednesday in Cabinet.

The ministers reportedly considered that the approved version did not take into consideration some important points related to the depositors' rights.

SourceNaharnet
Comments 2
Thumb farsical.resistance 01 April 2022, 17:35

Unfortunately most depositors, mostly poor Shiites, will never recover any of the valuables they pawned at Hizbullah's money laundering institution AKA Al-Qard Al-Hassan, for the few Fresh Dollars they needed to feed their families. These are the depositors Hizbullah is not concerned about protecting.

Thumb thepatriot 02 April 2022, 22:18

Hahahaha...
Demagoguery for the small minded...
I would love to read the "recovery plan" :)