The latest draft capital control law purports to impose formal rules on this unfair situation. Yet, in doing so, the bill would place the system’s management in entirely untrustworthy hands. Under the legislation, the nation’s rapacious politico-banking elites would have ample opportunities to twist capital controls to serve their narrow, selfish interests.
Packaged for Greed: The Hidden Agendas Behind Lebanon’s Postal Sector Power Grab
Explore our infographic on the interconnections and vested interests among the players vying to control LibanPost.