Report: Lebanon judge freezes assets of 5 banks during probe

Published on: Monday 14 March 2022

A Lebanese judge on Monday froze the assets of five of Lebanon’s largest banks and those of their board of directors as she investigates possible transfers of billions of dollars aboard during the country’s economic meltdown. The state-run National News Agency said the decision by Judge Ghada Aoun with Mount Lebanon district court covers real estate, vehicles and shares that the five banks or their directors own in other companies. The move came days after Aoun imposed travel bans on the directors of the five banks.

News source: https://news.yahoo.com/report-lebanon-judge-freezes-assets-165004497.html

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Report: Lebanon judge freezes assets of 5 banks during probe