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Banks in Lebanon are Vandalized by protesters: Sin el-Fil

Banks in Lebanon are vandalised by protesters who want their money back.
Banks in Lebanon are vandalised by protesters who want their money back.

In order to get their money back, protesters in Lebanon have assaulted multiple bank buildings, set tyres on fire, and broken glass.

The Bank Audi, Bank of Beirut, and Byblos Bank branches in Sin el-Fil in the Mount Lebanon Governorate were the targets of the irate protests, which took place on Thursday in a neighborhood outside of the capital, Beirut.

The financial constraints that had wiped away many people’s life savings infuriated the protesters.

People requested the recovery of their money and the prosecution of corrupt officials, including the Governor of the Central Bank Riad Salameh.

“We’ve had enough of them. It’s enough. We’ve waited too long,” one protester told Al Jazeera.

Another stated that they were communicating with the banks.

Banks in lebanon are vandalized by protesters

Since 2019, Lebanon has experienced a crippling economic crisis that the World Bank has rated as one of the worst in modern history.

Since the crisis started, the Lebanese pound has lost more than 98 percent of its value relative to the US dollar.

A political elite that has dominated Lebanon since the end of the 1975–1990 civil war is blamed by experts for decades of corruption and poor management that have contributed to the country’s current situation.

Salameh has been accused of starting the disastrous catastrophe and is one of the political figures embroiled in corruption scandals.

After France filed an arrest order last month as part of its investigation into whether the governor embezzled hundreds of millions of euros in public funds, an Interpol alert was issued against him.

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