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United for Lebanon (UfL) and the Depositors’ Outcry Affiliation are calling for a protest towards the banks on Friday, Could thirteenth, two days earlier than the Elections Day of Could fifteenth.
The protest is being organized as a solution to act on the absence of a critical position for Lebanon’s judiciary relating to the “abuses” made by Lebanese banks towards the depositors’ rights.
The protest will happen at 10:00 a.m in entrance of the Palace of Justice in Beirut, and can set off for different targets.
United for Lebanon (UfL) is an lively union of anti-corruption attorneys assisted by activists from civil society aiming to construct judicial reforms.
UfL was established in 2016 to confront these answerable for losing Lebanese taxpayers’ cash and for corruption in public establishments and productive sectors.
Its efforts are primarily based on three essential pillars: Lawsuit submitting, elevating consciousness via media and social media, and organizing protests and sit-ins.
Since its founding, the UfL has attended many corruption information in private and non-private establishments, and gained constructive outcomes with lawsuits.
Its activism has additional elevated for the reason that Lebanese banks imposed their capital management in late 2019, depriving depositors of the rightful entry to their cash entrusted to banks.
The choice has massively impacted the Lebanese individuals and their lives, in addition to companies, and the scholars overseas with harsh restrictions imposed on transfers, amongst others.
Folks misplaced numerous their cash, together with its worth with the dramatic devaluation of the Lebanese pound since then.
Lots of of depositors in Lebanon have organized protests and sit-ins to voice out their frustration and anger towards the banks.
Their protests have been additionally directed towards the ruling physique that has uncared for to intervene with the banks’ capital management, help the individuals of their hardships, and sort out the financial disaster.
With the 2022 parliamentary elections happening on Sunday, Could 15, these protests come to remind future deputies of the individuals’s calls for and the voters of what’s at stake with their votes.
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