Frangieh on Bank Restructuring: The State Cannot Absolve Itself From Responsibility

par This Is Beirut, 15/02 18:59 - Reading : 1 minute(s)

Bank Restructuring Council of Ministers Frangieh

Marada MP Tony Frangieh said on Thursday that the draft law on financial recovery and bank restructuring "is not viable given its many shortcomings." In an interview with the Houna Loubnan media outlet, Frangieh stressed that "the state cannot absolve itself of its responsibility by passing it entirely on to depositors or banks." In this ...