Lebanese banks declare three-day closure over security concerns

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Above, the shuttered branch of the Byblos bank in Ghazieh, south of Lebanon after an armed depositor stormed the placed earlier and demanded to withdraw his frozen savings. (AFP)
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Above, scene at the Byblos Bank branch in Ghazieh, south of Lebanon after a depositor forcibly withdrew his savings. (Twitter)
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Security men gather at the entrance of BLOM bank branch in Beirut on Sept. 16, 2022. (AP)
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Media and security gather at the entrance of BLOM bank branch in Beirut on Sept. 16, 2022. (AP)
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Protestors shout slogans as they sit outside an LGB Bank branch in Ramlet Al-Bayda area in Beirut on Sept. 16, 2022. (Reuters)
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Members of police and army stand guard outside a Bankmed branch in Chehime, Lebanon on Sept. 16, 2022. (Reuters)
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Updated 17 September 2022
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Lebanese banks declare three-day closure over security concerns

  • Bank holdups by increasingly frustrated depositors snowball in Lebanon
  • Strict limits on withdrawals of foreign currency have been imposed since 2019

BEIRUT: Depositors wanting to recover withheld savings carried out hold-ups in at least five different banks across Lebanon on Friday.

The banks have been denying people access to their money for three years, with the government yet to establish a legal framework for the recovery of deposits, pushing depositors to retrieve their funds by force.

In Friday’s incidents, security forces negotiated with depositors, some of whom voluntarily headed to police stations to surrender after making sure their money safely reached relatives.

They followed events on Wednesday, when Sali Hafiz stormed her local bank with a toy gun and managed to recover part of her savings to help pay for her sister’s cancer treatment. The security forces issued an arrest warrant against her, but she remains at large.

Hassan Moghnieh, the head of the Lebanon’s Depositors Association, told Arab News: “It is an uprising of depositors who can no longer endure more than three years of having their savings withheld. Five banks were stormed on Friday, and there is news about more banks being stormed in Nabatiyeh in the south, Batroun, and Halba in the north.”


STORMING OF THE BANKS

Banks reportedly held up by depositors

• Byblos Bank in Ghazieh
• BLOM Bank at Beirut’s Tarik El-Jadida
• Bank Audi in Chiyah
• Banque Libano-Française branches at Kafaat and Hamra
• Lebanon & Gulf Bank at Ramlet El-Baida
• BLOM Bank in Concorde
• Fransabank in Beirut
• BankMed in Chehim in Mount Lebanon


Friday’s incidents prompted the bank association to hold an emergency meeting and decide to close banks for three days starting Monday.

Depositor Mohammed Reda Korkmaz and his son Ibrahim stormed the Byblos Bank branch in Ghazieh. The father held employees hostage, poured gasoline, and threatened to set the branch on fire if he did not get his money back.

Panic ensued at the bank for some time, and Korkomaz managed to retrieve $19,200 from his account and handed it over to someone who was waiting for him outside the bank.

It turned out that Korkmaz worked as a taxi driver, and he used a plastic pistol and a gasoline bottle to threaten employees. Later, he and his son surrendered, smiling to the security forces at the scene.

Abdel Rahman Sobra stormed the BLOM Bank branch in Tariq Al-Jdideh, one of the most popular and crowded neighborhoods in Beirut.

He claimed to have a gun in his pocket but did not use it to threaten employees.

He demanded to recover his withheld deposits, estimated at $165,000. Sobra said he was a businessman and is unable to pay his dues and cover his employees’ salaries.

A woman in her 80s later joined Sobra, asking to be allowed to withdraw her money as she needs to pay her medical bills.

Video footage from inside the bank showed that security forces entered to negotiate with Sobra but did not arrest him.

An armed depositor broke into the Bank of Lebanon and Gulf in Ramlet Al-Bayda, in the south of Beirut, carrying a hunting rifle. The depositor, identified as Jawad Sleem, is unemployed, according to his brother, who was waiting for him outside the bank.

Sleem used to work in real estate but became unemployed after the economic collapse in the country. He demanded $35,000 from his deposit of $50,000 and held five hostages inside the bank.

Armed with a gun, a depositor from Al-Moussawi family stormed the Libano-Française bank in Mrayjeh in one of Beirut’s southern suburbs, and forcibly took his entire deposit of $20,000.

A depositor who is a serving lieutenant in the Internal Security Forces broke into Bankmed in Chehime in Iklim El-Kharoub. It was said that he fired into the air.

Activist lawyer Haytham Azzo, known for defending civilians protesting in the streets and depositors breaking into banks, told Arab News that these depositors do not have criminal intentions, and only want their rightful property.

“This is the result of the state not addressing the frozen dollar deposits crisis as the economic crisis worsens. The state is turning normal civilians into criminals when they are not as such,” Azzo said.

Interior Minister Bassam Mawlawi called for an immediate meeting of the Central Security Council. “The law will be strictly enforced, however, I will not accept a confrontation between people and the security forces; There will be no gunfire or harsh treatment,” he said.

Mawlawi addressed depositors: “You cannot reclaim your rights in such a way as it harms the banking system and leads to the rest of the depositors losing their rights.”




Above, the smiling suspects surrender to the police. (Twitter)

The bank association said its decision to suspend work came “after the repeated attacks on banks, especially the physical assaults on bank employees and their dignity.”

It also came “after taking into account the risks that the customers are facing inside the branches subjected to storming operations.”

The association stressed that “it wants to protect the interests of depositors” and that “violence was not and will not be a solution.”

Economic expert Jassem Ajaka told Arab News that storming banks is a “very dangerous indicator that the government has given up on its role, to the extent that people themselves are now reclaiming their rights.”

He said: “This is a warning for the government to approve the draft of the Capital Control Law, restructure banks and acknowledge public debt.”

President of the Lebanese Depositors Association Hassan Moghnieh said: “An increase in bank break-ins was expected,” adding “closing down banks will not address the crisis, since the break-ins will restart on the first day of banks reopening their doors.”

He warned of “massive social chaos” and denied that “any party was responsible for depositors’ uprising.”


2 killed in drug-smuggling attempt in Jordan

Updated 6 sec ago
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2 killed in drug-smuggling attempt in Jordan

  • Other suspected smugglers were injured during the security operation and fled back into Syria
  • Jordan’s King Abdullah called on regional states to be vigilant

AMMAN: Two people were killed on Friday as Jordan’s security forces cracked down on an attempt to smuggle “large quantities” of drugs into its territory from Syria, state news agency PETRA reported.

Other suspected smugglers were injured during the security operation and fled back into Syria, while several firearms were seized, according to the report.

Jordan has recently intensified its patrols because of an alarming rise in attempts to smuggle drugs and weapons into the country.

Jordan’s King Abdullah called on regional states to be vigilant at the Arab League Summit in Manama on Thursday.

“We should confront armed militant groups who commit crimes above the law, especially smuggling drugs and arms which is what Jordan has been thwarting for years now,” he said.


Aid trucks begin moving ashore via Gaza pier, US says

Updated 36 min 23 sec ago
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Aid trucks begin moving ashore via Gaza pier, US says

  • Trucks carrying badly needed aid for the Gaza Strip have rolled across a newly built US floating pier to Rafah

WASHINGTON: Trucks carrying badly needed aid for the Gaza Strip rolled across a newly built US floating pier into the besieged enclave for the first time Friday as Israeli restrictions on border crossings and heavy fighting hinder food and other supplies reaching people there.

The US military’s Central Command acknowledged the aid movement in a statement Friday, saying the first aid crossed into Gaza at 9 a.m. It said no American troops went ashore in the operation.
“This is an ongoing, multinational effort to deliver additional aid to Palestinian civilians in Gaza via a maritime corridor that is entirely humanitarian in nature, and will involve aid commodities donated by a number of countries and humanitarian organizations,” the command said.
The shipment is the first in an operation that American military officials anticipate could scale up to 150 truckloads a day entering the Gaza Strip as Israel presses in on the southern city of Rafah as its 7-month offensive against Gaza.
But the US and aid groups also warn that the pier project is not considered a substitute for land deliveries that could bring in all the food, water and fuel needed in Gaza. Before the war, more than 500 truckloads entered Gaza on an average day.
The operation’s success also remains tenuous due to the risk of militant attack, logistical hurdles and a growing shortage of fuel for the trucks to run due to the Israeli blockade of the Gaza Strip since Oct. 7. Israel’s offensive since then has killed more than 35,000 Palestinians in the Gaza Strip, local health officials say, while hundreds more have been killed in the West Bank.
Troops finished installing the floating pier on Thursday. Hours later, the Pentagon said that humanitarian aid would soon begin flowing and that no backups were expected in the distribution process, which is being coordinated by the United Nations.
The UN, however, said fuel deliveries brought through land routes have all but stopped and this will make it extremely difficult to bring the aid to Gaza’s people.
“We desperately need fuel,” UN deputy spokesperson Farhan Haq said. “It doesn’t matter how the aid comes, whether it’s by sea or whether by land, without fuel, aid won’t get to the people.”
Pentagon spokesperson Sabrina Singh said the issue of fuel deliveries comes up in all US conversations with the Israelis. She also said the plan is to begin slowly with the sea route and ramp up the truck deliveries over time as they work the kinks out of the system.
Aid agencies say they are running out of food in southern Gaza and fuel is dwindling, while the US Agency for International Development and the World Food Program say famine has taken hold in Gaza’s north.
Israel asserts it places no limits on the entry of humanitarian aid and blames the UN for delays in distributing goods entering Gaza. The UN says fighting, Israeli fire and chaotic security conditions have hindered delivery.
Under pressure from the US, Israel has in recent weeks opened a pair of crossings to deliver aid into hard-hit northern Gaza and said that a series of Hamas attacks on the main crossing, Kerem Shalom, have disrupted the flow of goods. There’s also been violent protests by Israelis disrupting aid shipments.
US President Joe Biden ordered the pier project, expected to cost $320 million. The boatloads of aid will be deposited at a port facility built by the Israelis just southwest of Gaza City and then distributed by aid groups.
US officials said the initial shipment totaled as much as 500 tons of aid. The US has closely coordinated with Israel on how to protect the ships and personnel working on the beach.
But there are still questions on how aid groups will safely operate in Gaza to distribute food, said Sonali Korde, assistant to the administrator of USAID’s Bureau for Humanitarian Assistance, which is helping with logistics.
“There is a very insecure operating environment” and aid groups are still struggling to get clearance for their planned movements in Gaza, Korde said.
The fear follows an Israeli strike last month that killed seven relief workers from World Central Kitchen whose trip had been coordinated with Israeli officials and the deaths of other aid personnel during the war.
Pentagon officials have made it clear that security conditions will be monitored closely and could prompt a shutdown of the maritime route, even just temporarily. Navy Vice Adm. Brad Cooper, a deputy commander at the US military’s Central Command, told reporters Thursday that “we are confident in the ability of this security arrangement to protect those involved.”
Already, the site has been targeted by mortar fire during its construction, and Hamas has threatened to target any foreign forces who “occupy” the Gaza Strip.
Biden has made it clear that there will be no US forces on the ground in Gaza, so third-country contractors will drive the trucks onto the shore. Cooper said “the United Nations will receive the aid and coordinate its distribution into Gaza.”
The World Food Program will be the UN agency handling the aid, officials said.
Israeli forces are in charge of security on shore, but there are also two US Navy warships nearby that can protect US troops and others.
The aid for the sea route is collected and inspected in Cyprus, then loaded onto ships and taken about 200 miles (320 kilometers) to a large floating pier built by the US off the Gaza coast. There, the pallets are transferred onto the trucks that then drive onto the Army boats. Once the trucks drop off the aid on shore, they immediately turn around the return to the boats.


Yemen, Egypt presidents discuss Red Sea security

Updated 17 May 2024
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Yemen, Egypt presidents discuss Red Sea security

  • Houthis claim they are attacking ships to stop Israel’s war on Gaza

RIYADH: The presidents of Egypt and Yemen held talks on Thursday about ways to secure shipping lanes in the Red Sea.

Yemen’s Presidential Leadership Council Chairman Rashad Al-Alimi and Egypt’s President Abdel Fattah El-Sisi met on the sidelines of the Arab League Summit in Bahrain, according to Yemen’s state news agency Saba.

Al-Alimi and El-Sisi emphasized the importance of security in the Red Sea and Gulf of Aden for the region’s stability.

Since November, the Houthis have launched hundreds of ballistic missiles and drones at international commercial and naval ships in the Red Sea, Bab Al-Mandab Strait and the Gulf of Aden. They have reportedly been acting in solidarity with the Palestinian people and want Israel to stop its war on Gaza.

During the meeting, El-Sisi emphasized Egypt’s commitment to Yemen’s unity and stability, and added that Cairo would continue seeking a political solution to the crisis in that country.

Al-Alimi thanked Egypt for its efforts to alleviate suffering in Yemen and for seeking to ensure stability in the region.

 

 


Hezbollah introduces new weapons and tactics against Israel as war in Gaza drags on

Updated 17 May 2024
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Hezbollah introduces new weapons and tactics against Israel as war in Gaza drags on

  • Hezbollah has regularly fired missiles across the border with Israel over the past seven months
  • Hezbollah said it had launched a new rocket with a heavy warhead named Jihad Mughniyeh

BEIRUT: The Lebanese militant group Hezbollah this week struck a military post in northern Israel using a drone that fired two missiles. The attack wounded three soldiers, one of them seriously, according to the Israeli military.
Hezbollah has regularly fired missiles across the border with Israel over the past seven months, but the one on Thursday appears to have been the first successful missile airstrike it has launched from within Israeli airspace.
The group has stepped up its attacks on Israel in recent weeks, particularly since the Israeli incursion into the southern city of Rafah in the Gaza Strip. It has struck deeper inside Israel and introduced new and more advanced weaponry.
“This is a method of sending messages on the ground to the Israeli enemy, meaning that this is part of what we have, and if needed we can strike more,” said Lebanese political analyst Faisal Abdul-Sater who closely follows Hezbollah.
While the cross-border exchanges of fire have been ongoing since early October, “complex attacks” by Hezbollah began a few days after Iran’s unprecedented drone and missile barrage attack on Israel in mid-April.
In the past two weeks, Hezbollah has escalated further in response to the Israeli incursion into the city of southern Rafah in the Gaza Strip, a Lebanese official familiar with the group’s operations said. The official spoke on condition of anonymity because he was not authorized to detail military information to the media.
The Thursday afternoon attack by a drone carrying missiles came just days after Hezbollah launched three anti-tank guided missiles at an Israeli military post that controlled a surveillance balloon flying over the border. They released camera footage afterward to show they had hit their mark. Hours later, the Israeli military confirmed that the spy balloon had been shot down over Lebanon.
The night before, Hezbollah had carried out its deepest attack in Israel to date using explosive drones to strike at a base in Ilaniya near the city of Tiberias about 35 kilometers from the Lebanon border. The Israeli military said the attack did not hurt anyone.
Abdul-Sater, the analyst, said the Iran-led coalition known as the axis of resistance, which includes the Palestinian militant group Hamas, has warned that if Israeli troops launch a full-scale invasion of Rafah in an attempt to go after Hamas, other fronts will also escalate.
Yemen’s Iran-backed Houthi rebels claimed Wednesday that they attacked a US destroyer while Iran-backed militants in Iraq have said they fired a series of drones toward Israel in recent weeks after having gone relatively quiet since February.
Hezbollah’s use of more advanced weaponry, including drones capable of firing missiles, explosive drones and the small type of guided missile known as Almas, or Diamond, that was used to attack the base controlling the balloon has raised alarms within the Israeli military.
“Hezbollah has been escalating the situation in the north,” said military spokesman Lt. Col. Nadav Shoshani. “They’ve been firing more and more.”
In adapting its attacks, Hezbollah has also managed to reduce the numbers of fighters lost compared with the early weeks of the conflict.
The group has lost more than 250 fighters so far, compared with 15 Israeli troops since fighting broke out along the Lebanon-Israel border a day after the Israel-Hamas war started on Oct. 7.
According to a count by The Associated Press, Hezbollah lost 47 fighters in October and 35 in November, compared with 20 in April and 12 so far this month.
The official familiar with the group’s operations said Hezbollah had reduced the numbers of fighters along the border areas to bring down the numbers of casualties. While Hezbollah continues to fire Russian-made anti-tank Kornet missiles from areas close to the border, it has also shifted to firing drones and other types of rockets with heavy war heads — including Almas as well as Falaq and Burkan rockets — from areas several kilometers (miles) from the border.
Over the weekend, Hezbollah said it had launched a new rocket with a heavy warhead named Jihad Mughniyeh after a senior operative who was killed in an Israeli airstrike on southern Syria in 2015.
Eva J. Koulouriotis, a political analyst specialized in the Middle East and jihadi groups wrote on the social media platform X that Hezbollah’s recent escalation likely has several goals, including raising the ceiling of the group’s demands in any future negotiations for a border deal, as well as raising military pressure on Israel’s military in light of the preparations for the battle in Rafah.
Israel’s Defense Minister Yoav Gallant vowed in a speech last week that “we will stand, we will achieve our goals, we will hit Hamas, we will destroy Hezbollah, and we will bring security.”
On Monday, Hezbollah leader Hassan Nasrallah reiterated in a speech that there will be no end to the fighting along the Lebanon-Israel border until Israel’s military operations in the Gaza Strip come to an end.
“The main goal of Lebanon’s front is to contribute to the pressure on the enemy to end the war on Gaza,” Nasrallah said.
His comments were a blow to attempts by foreign dignitaries, including US and French officials, who have visited Beirut t o try to put an end to the violence that has displaced tens of thousands of people on both sides of the border.
A day after Nasrallah spoke, Canada’s Foreign Minister Mélanie Joly visited Beirut and told Lebanon’s private LBC TV station that she was pushing for a ceasefire.
“We need the people living in the south of Lebanon to be able to go back to their homes,” she said. “We need to make sure that the Israelis living in the northern part of Israel are able to get back to their homes also.”
Hezbollah’s deputy leader Naim Kassim warned Israel in a speech over the weekend against opening an all-out war.
“You have tried in the past and you were defeated and if you try again you will be defeated,” said Kassim, referring to the 2006 Israel-Hezbollah 34-day war that ended in a draw.


Arab League summit calls for UN peacekeepers in Palestinian territories

Updated 17 May 2024
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Arab League summit calls for UN peacekeepers in Palestinian territories

  • The declaration also called for ‘all Palestinian factions to join under the umbrella of the Palestine Liberation Organization’
  • Arab League said it considered PLO, dominated by ruling Fatah movement, ‘sole legitimate representative of Palestinian people’

MANAMA: The Arab League on Thursday called for a United Nations peacekeeping force in the Palestinian territories at a summit dominated by the ongoing Israel-Hamas war in Gaza.
The “Manama Declaration” issued by the 22-member bloc called for “international protection and peacekeeping forces of the United Nations in the occupied Palestinian territories” until a two-state solution is implemented.
The declaration also called for “all Palestinian factions to join under the umbrella of the Palestine Liberation Organization,” which is dominated by the ruling Fatah movement, and added that it considered the PLO “the sole legitimate representative of the Palestinian people.”
It also called for an “immediate” ceasefire in Gaza and an end to forced displacement in the Palestinian territory.
“We demand an immediate and permanent ceasefire in Gaza, a halt to all attempts at forced displacement, an end to all forms of siege and allowing full and sustainable access to aid,” the final communique said.
It further “strongly condemned the attacks on commercial ships,” saying they “threaten freedom of navigation, international trade, and the interests of countries and peoples of the world,” and reiterated the Arab League’s commitment to “ensuring freedom of navigation in the Red Sea” and surrounding areas.
The King of Bahrain, Hamad bin Isa Al-Khalifa, opened the summit by calling for an international conference for peace in the Middle East.
The king, as the summit’s host, also reaffirmed his country’s support for the full recognition of a Palestinian state and the acceptance of its membership in the United Nations.
He stressed that the establishment of a Palestinian state will reflect positively on the region.
Last week, the UN General Assembly overwhelmingly backed a Palestinian bid to become a full UN member and called on the UN Security Council to reconsider the request.
The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full UN member — a move that would effectively recognize a Palestinian state — after the US vetoed it in the UN Security Council last month.
“What the Palestinians are facing requires a unified international stance,” the King of Bahrain said.
During his opening remarks at the summit, Saudi Arabia’s Crown Prince Mohammed bin Salman called for the establishment of an internationally recognized Palestinian state.
The prince was among the Arab delegates who arrived in Manama on Thursday for the Arab League Summit.
During his speech, the prince highlighted the Kingdom’s efforts in alleviating the humanitarian crisis in Gaza, reiterating Saudi Arabia’s support for issues of the Arab world.
He urged the international community to back ceasefire efforts and halt the aggression on Palestinian civilians.
It is the first time the Arab leaders come together after Riyadh hosted an extraordinary summit in November where the bloc condemned Israel’s “barbaric” actions in Gaza.
The one-day summit was set to discuss events in Gaza, propose a ceasefire and push for a Palestinian state.
“The Kingdom calls for conflict resolution through peaceful means,” the prince said.
Palestinian leader slams Hamas
The Palestinian president Mahmoud Abbas criticized Hamas for giving Israel the ‘pretext to attack’ Gaza with the Oct. 7 attack.
“Hamas’ rejection of ending the division serves Israel’s interest in ending the two-state solution,” he noted, pointing to the long-standing tensions between the Palestinian Authority and the militant group governing Gaza.
He said the Palestinian government has not received the financial support it had expected from international and regional partners, noting that Israel is still withholding the funds and creating a dire situation.
The Palestinian leader called on Arab countries for financial support and the US to pressure Israel into releasing the funds.
“It has now become critical to activate the Arab safety net, to boost the resilience of our people and to enable the government to carry out its duties,” Abbas added.
He also urged the international community to start immediately with the implementation of the two-state solution and reiterated ‘full rejection’ of the displacement of Palestinians, who just marked the 76th anniversary of the 1948 Nakba.
Qatar’s Emir Tamim bin Hamad Al Thani, UAE’s Vice President and Prime Minister Mohammed bin Rashid, Kuwait’s Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, and Syria’s President Bashar Al Assad were among the attendees on Thursday.