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

Lebanon Central Bank Seeks Names of Those Who Failed to Repatriate Funds amid Crisis

A view of Lebanon's Central Bank building in Beirut, Lebanon April 23, 2020. (Reuters)

Lebanon's central bank has asked commercial banks to provide the names of political figures who failed to comply with a circular ordering them to repatriate funds sent abroad in the lead-up to the country's 2019 financial meltdown.

Lebanon's financial crisis, which the World Bank has labeled one of the deepest depressions of modern history, has been compounded by political deadlock and a row over the probe into the 2020 Beirut port blast that killed more than 200 people.

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