Member of the “Development and Liberation” Parliamentary Bloc, MP Qassem Hashem, said in a statement via social media today: “Once again, those in charge of depositors’ money fascinate us by their improvised and sometimes absurd decisions to deceive people of returning their money, even through some crumbs and ambiguous mechanisms and by way of circumventing rights by reducing the mandatory reserve rates, whereas in reality, they are putting a hand on people’s money to justify wasting these rights later.”

Hashem stressed that “clear and explicit decisions are required,” adding that “legal mechanisms must be put in place to preserve the depositors’ money, even if drawn from the assets of everyone who caused the waste of this money, be it the Central Bank or commercial banks, instead of distracting and playing on people’s nerves while protecting the perpetrators…”

“How long will these policies remain,” he questioned, adding that “they have brought nothing but calamities and devastation to Lebanon and the Lebanese!”

Source: National News Agency