Amnesty and Financial Crimes accountability

The article addresses the controversy surrounding the general amnesty law in Lebanon and its potential impact on financial crimes. A debate is raised over whether the law explicitly exempts these crimes or leaves the door open for benefiting from offenses not explicitly mentioned. Mr. Ajaqa warns that pardoning financial crimes against depositors and public funds constitutes a crime in itself and threatens the future of trust in the Lebanese economy. He emphasizes that the system cannot recover without accountability, and any hesitation in implementing justice hampers investment attraction and increases foreign investor hesitance. Legally, expert Kiek notes that the controversial drafting of the law includes vague exceptions, opening the possibility for benefiting from crimes not explicitly referenced, which raises fears of impunity and threatens judicial independence. Therefore, both the legal text and economic pressures underscore the necessity of resolving the debate on the scope of the amnesty to ensure the stability and transparency of Lebanese institutions and to prevent its exploitation to overlook crimes involving public funds and depositors' money.

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