Where Were You, Samir Hammoud?

High-level banking sources were surprised by comments made by the senior adviser to the Minister of Finance, Yassine Jaber, to the “Al-Markaziya” outlet regarding depositors’ accounts. According to Samir Hammoud’s statement, “If there are irregularities in depositors’ accounts, there are also irregularities in banks’ accounts.”

These sources believed that the position currently adopted by Hammoud aligns with that of the IMF and the Minister of Finance, who is promoting the cancellation of debts owed to banks and the write-off of deposits.

It is therefore worth questioning the boldness of Mr. Hammoud’s remarks, given that he served for years as Chairman of the Banking Control Commission, as well as Chairman of the Board and CEO of BankMed. He also served as an economic adviser to two former Prime Ministers, the late Rafic Hariri and Fouad Siniora.

Mr. Hammoud, having taken part in all these monetary and financial policies, you are in no position to speak about the banking system.

 
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