Apr 26 2022 - 03:18
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MP Kanaan says FPM rejects legislating proposed Capital Control bill

Kanaan says that the FPM supports a temporary law that comes within a rescue vision that protects the rights of depositors Lebanon, news ,lbci ,أخبار Lebanon, Capital Control, FPM,Kanaan,Kanaan says that the FPM supports a temporary law that comes within a rescue vision that protects the rights of depositors
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MP Kanaan says FPM rejects legislating proposed Capital Control bill
Lebanon News

Head of the Finance and Budget Committee MP Ibrahim Kanaan tweeted on Tuesday via his Twitter account that the Free Patriotic Movement supports a temporary law that cancels discretion and comes within a rescue vision that protects the rights of depositors.

“I reiterate our position on the capital control formula proposed by the government during the joint committees, as stated in the bill regarding the write-off of the depositors’ funds. I confirm that, as before, we will not participate in legislating this reality, however, we are with the adoption of a temporary law that cancels discretion and comes within a rescue vision that protects the rights of depositors," he added.

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