Chief of the Lebanese Forces (LF) party, Samir Geagea, confirmed on Tuesday that LF ministers will vote against the Financial Regularization Law in the Council of Ministers, citing its failure to return depositors’ funds.
In his remarks at the Graduates’ Body dinner at the party headquarters in Maarab, Geagea said, “the criterion is simple: does this law return people’s deposits or not? It does not, and for that reason, we oppose it.”
He criticized provisions for deposits below $100,000, noting that monthly payouts are minimal, and denounced the treatment of larger deposits, which are converted into financial certificates with unclear rescheduling timelines. “No one clearly specifies where these funds will come from,” he added.
Geagea emphasized that his opposition is practical, not ideological, rejecting what he called a “cosmetic law” that offers minor relief while leaving the bulk of funds unresolved.
On security, Geagea reiterated that Lebanon cannot achieve stability while armed groups, particularly Hezbollah, operate outside state control. “There is no choice but between a real state that monopolizes weapons or the current reality of crises and collapse,” he said, calling for all weapons to be under state authority.
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