In numbers, these are the deposits of the Lebanese… and the bank incident is a serious warning

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And in a scene that some called the description of "The Lebanon movie is getting longer"Public opinion was preoccupied with the incident of detaining the depositor, Bassam Sheikh Hussein, for bank employees in Beirutdemanding the return of his withheld money, and threatening to set himself on fire and kill the employees.

Commenting on what was described by the experts of the operation as a dangerous warning, especially in terms of popular sympathy with the armed depositor, which reveals the suffering that the Lebanese have been experiencing since the beginning of the financial crisis and the deposits mortgaged with banks.

Banking sources told the site "Sky News Arabia"A number of banks have begun to take precautionary measures, to prevent a recurrence of an accident "Federal Bank" in Hamra Streetthe commercial heart of Beirut.

The sources added that some banks asked the state for licenses for armed special protection elements, and some banks are considering closing their branches in some areas.

In turn, the President of the Lebanese Depositors Association, Hassan Mughniyeh, blamed the parliament for what happened Thursday on Hamra Street.Lebanese government banks, and judicial authorities.

A singer told the site "Sky News Arabia": "I had the data that a similar incident would occur in the country, and I warned of that 10 days ago in a press conference I held to no avail.".

He added: "It is unfortunate that the successive governments after the crisis 3 years ago did not develop a solution plan, neither economic nor financial, and what the president’s government has reached Najib Mikati It is nothing but a write-off of a large part of bank deposits".

singer revealed that "The value of deposits with banks was previously estimated at 170 billion US dollars, and with the onset of the crisis in 2019, part of it was transferred outside Lebanon by influential parties, politicians and the affluent".

And he said: "Depositors were given very limited amounts in a legal and monthly manner that stopped in March 2020, and payments began to be made at different prices and in small amounts ".

singer added that deposit The required amount is estimated at 98 billion dollars, while the banks available to them amount to only 10 billion dollars, and the difference is very large".

Consistency: " We always communicate with the government and demand a solution through its meetings with the stakeholders, but to no avail, and we fear that things will unravel and turn towards chaos.".

On Friday morning, the family of the arrested Bassam Sheikh Hussein, who entered the bank and took the hostages on Thursday, cut off the road in the vicinity of his residence in the area Al-Awza’i south of Beirut, refusing to arrest him by the security forces.

Our correspondent says that Sheikh Hassan started a hunger strike, where he threatened, during a telephone conversation with his lawyer, to hang himself unless he was released, as agreed with him.

In the same context, the head of the Justicia Human Rights Foundation in Lebanon, Lawyer Paul Morcos, told "Sky News Arabia": "What happened Thursday of threatening weapons and taking hostages is a crime punishable by law, but it is considered a result of the authorities’ failure to develop a strategic and time plan to release deposits and give depositors their rights".

He added: "This depositor was left with no other solution than this, and no plan for the collection of rights was approved, and therefore he was not left with a choice".

The head of the Lebanese Depositors Association, Hassan Mughniyeh, confirmed that the depositor is still arrested, but according to the public right, revealing to "Sky News Arabia"that the arrest is limited to a signal from the judiciary without a claim from the bank or the employees who were detained, and his release will be soon pending the end of the official holiday in the country and the association will follow up on the matter next Tuesday".

and about Depositors Association Mughniyeh said that there is more than one group in Lebanon that bears this just cause, and the Lebanese Depositors Association is the largest, and he founded it after an incident similar to that of Bassam Sheikh Hussein happened to him, and at the time, employees were detained without using weapons in a bank because of the illness of his mother, who later died".

In turn, banking risk expert Mohammed Al-Fahili commented on the bank’s accident for the website "Sky News Arabia"And he said: "Not all components of the political class are corrupt, and not all citizens are wage earners, and the process of intimidating and threatening bank employees and customers is a criminal act equal in its criminality to failure to fulfill rights to its owners, as well as the crime of the explosion of the port of Beirut.".

He added: "bank employee An ordinary citizen deserves a decent living and respect while performing his job like other employees, and to say the least is the corruption and failure of the ruling class and some components of the private sector in solving the problem of depositors in banks.

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In a scene that some have described as “Lebanon’s film lengthens”, public opinion was preoccupied with the incident of detaining the depositor, Bassam Sheikh Hussein, for bank employees in Beirutdemanding the return of his withheld money, and threatening to set himself on fire and kill the employees.

Commenting on what was described by the experts of the operation as a dangerous warning, especially in terms of popular sympathy with the armed depositor, which reveals the suffering that the Lebanese have been experiencing since the beginning of the financial crisis and the deposits mortgaged with banks.

Banking sources told “Sky News Arabia” that a number of banks began taking precautionary measures, to prevent a recurrence of the “Federal Bank” incident in Hamra Streetthe commercial heart of Beirut.

The sources added that some banks asked the state for licenses for armed special protection elements, and some banks are considering closing their branches in some areas.

In turn, the President of the Lebanese Depositors Association, Hassan Mughniyeh, blamed the parliament for what happened Thursday on Hamra Street.Lebanese government banks, and judicial authorities.

Mughniyeh told Sky News Arabia: “I had the information that a similar incident would take place in the country, and I warned about this 10 days ago at a press conference I held without success.”

He added, “It is unfortunate that the successive governments after the crisis 3 years ago did not develop a solution plan, neither economic nor financial, and what the president’s government has reached Najib Mikati It is nothing but a write-off of a large part of bank deposits.”

Mughniyeh revealed that “the value of deposits with banks was previously estimated at 170 billion dollars, and with the beginning of the crisis in 2019, part of it was transferred outside Lebanon by influential parties, politicians and the affluent.”

He said: “Depositors were given very limited amounts of money in a legal and monthly manner that stopped in March 2020, and payments began to be made at different prices and in small amounts.”

singer added that deposit The required amount is estimated at 98 billion dollars, while the banks available to them amount to only 10 billion dollars, and the difference is very large.”

He added, “We always communicate with the government and demand a solution through its meetings with the concerned parties, but to no avail, and we fear that things will unravel and go towards chaos.”

On Friday morning, the family of the arrested Bassam Sheikh Hussein, who entered the bank and took the hostages on Thursday, cut off the road in the vicinity of his residence in the area Al-Awza’i south of Beirut, refusing to arrest him by the security forces.

Our correspondent says that Sheikh Hassan started a hunger strike, where he threatened, during a telephone conversation with his lawyer, to hang himself unless he was released, as agreed with him.

In the same context, the head of the Justicia Human Rights Foundation in Lebanon, Lawyer Paul Morcos, told Sky News Arabia: “What happened Thursday of threatening weapons and taking hostages is a crime punishable by law, but it is considered a result of the authorities’ failure to develop a strategic and timely plan to release deposits and give Depositors have their rights.

He added: “No other solution was left for this depositor, and no plan was approved to collect rights, and therefore he was not left with a choice.”

The head of the Lebanese Depositors Association, Hassan Mughniyeh, confirmed that the depositor is still arrested, but according to the general right, revealing to “Sky News Arabia”, that the arrest is limited to a signal from the judiciary without a claim from the bank or the employees who were detained, and he will be released soon. Waiting for the end of the official holiday in the country, and the association will follow up on the matter next Tuesday.”

and about Depositors Association Mughniyeh said that in Lebanon there is more than one group that carries this just cause, and the Lebanese Depositors Association is the largest, and he founded it after an incident similar to that of Bassam Sheikh Hussein happened to him, and at the time, employees were detained without using weapons in a bank because of the illness of his mother, who later died.

In turn, the banking risk expert, Muhammad Al-Fahili, commented on the bank incident to the “Sky News Arabia” website, and said: “Not all components of the political class are corrupt, and not all citizens are wage earners. As well as the crime of the Beirut port explosion.

He added: “bank employee An ordinary citizen deserves a decent living and respect while performing his job like other employees, and to say the least is the corruption and failure of the ruling class and some components of the private sector in solving the problem of depositors in banks.

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