5 Hrs
Source:
الشرق اللبنانية
Khelaf: Clear Plans Needed to Recover Deposits
According to the decision of the Lebanese State Council's Judicial Authority, bank deposits or depositors' rights cannot be erased or canceled by a single word or administrative decision. The decision emphasizes that deposits are a right that must be respected and cannot be infringed upon without proper legal and transparent compensation. It highlights that the financial crisis does not justify the annulment of rights, and protecting property and deposits is essential to build trust and restore the banking sector. Additionally, it underscores the need to clearly define responsibilities and avoid relying on exceptional measures that harm people's rights and hinder economic recovery.
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