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REPORT: LCB reaches settlement with US government

News Bulletin Reports

27-06-2013 | 13:20

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REPORT: LCB reaches settlement with US government

The Lebanese Canadian Bank has reached a settlement with the US government over allegations of money laundering and funding Hezbollah which is labeled by the US administration a "terrorist organization."

In this context, the former chairman of the LCB Georges Abou Jaoudeh told LBCI that the bank does not have any relation with Hezbollah.

This report will shed light on the latest development in the case of the Lebanese Canadian Bank.

To watch the full LBCI report, please click on the video above.

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