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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Judge Fines Lebanese Bank Heist Figure, Issues Travel Ban

Lebanese police stand outside a branch of BLOM Bank in Beirut, Lebanon November 1, 2019. REUTERS/Goran Tomasevic

A Lebanese judge on Thursday fined and issued a six-month travel ban to a woman who stormed her bank with a fake pistol and took her trapped savings to cover her sister's cancer treatment.

Lebanon’s cash-strapped banks have imposed strict limits on withdrawals of foreign currency since 2019, tying up the savings of millions of people. About three-quarters of the population has slipped into poverty as the country’s economy continues to spiral. The Lebanese pound has lost 90% of its value against the dollar.

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