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Judge fines Lebanese bank heist figure, issues travel ban

A Lebanese judge on Thursday fined and issued a six-month travel ban to a woman who stormed her bank with a fake pistol and took her trapped savings to cover her sister’s cancer treatment.

Lebanon’s cash-strapped banks have imposed strict limits on withdrawals of foreign currency since 2019, tying up the savings of millions of people. About three-quarters of the population has slipped into poverty as the tiny Mediterranean country’s economy continues to spiral. The Lebanese pound has lost 90 percent of its value against the dollar.

Sali Hafiz last month broke into a BLOM Bank branch in Beirut with activists from the Depositors’ Outcry protest group, and stormed into the manager’s office. They forced bank employees to hand over $12,000 and the equivalent of about $1,000 in Lebanese pounds.


Read More : https://www.arabnews.com/node/2176281/middle-east

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