In Lebanon, police join 'robbers', storm bank to get their own money
The Lebanese currency hit another record low on Tuesday, as judicial investigation into central bank chief Riad Salameh moves forward.
Lebanon’s currency fell to a new low on Tuesday as police officers joined the ranks of many frustrated citizens, and stormed a bank in Tyre in an effort to obtain their own money.
A group of police officers stormed the Societe Generale de Banque au Liban branch in the southern town of Tyre demanding payment of their salaries, the official National News Agency reported.
A wave of armed bank robberies has taken place in Lebanon over the last year, as citizens are becoming increasingly fed-up with the economic collapse, and the restrictions by the financial institutions to access their own deposits.
Meanwhile, the Lebanese pound fell to another all-time low of more than 87,000 pounds to the dollar on Tuesday, according to lirarate.org.
