Video of armed hostage situation in Lebanon at the federal bank in downtown Beirut, demanding his $210,000 deposit


An armed man holds up bank employees in Beirut to demand their savings back. Most Lebanese have lost access to their bank deposits/pensions after the 2019 crisis and are only allowed to withdraw minimal cash while members of the political elite have sent their capital abroad. Many citizens have gathered outside the bank to support the entrenched man who needs the money to pay for surgery for his father

Most Lebanese have lost access to their bank deposits/retirement pensions following the crisis in 2019, while many in political elite sent their capital outside country.

This, happening at Bank Beirut, is yet another indication of how explosive the economic situation has become

— Joyce Karam (@Joyce_Karam) August 11, 2022

h/t 16 Blocks


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