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Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) (58300 Views)

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Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by lovinagbad: 11:54am On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
Did you have money in the Bank at all? Try it and see wether the Police will not scarter your brain with Bullets.

1 Like 2 Shares

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by serverconnect(m): 11:55am On Sep 15, 2022
The banks refuse to give them back their deposited money.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by lovinagbad: 11:56am On Sep 15, 2022
Timatayo1:
May God forbid bat Amoda gemini alias bob chicago
You people are not attacking Atiku who is another Muslim
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Nobody: 11:58am On Sep 15, 2022
MrBrownJay1:


instead of writing rubbish online, EDUCATE YOURSELF ON THE ISSUE!!!!
whats happening in Lebanon is whats happening in any country where their currency is in the process of being devalued. same shiiit happens all over the world because if they dont block the money in the bank, then EVERYONE will withdraw their money out these banks, therefore ALL BANKS would collapse and the country and its economy would subsequently collapse too....thus why the banks cant pay up and block the money!!!

since the last 2 years, the Lebanese Lira has been struggling against the USD, due to the local economic crisis, which happened right around the time of the bombing in Beirut!

you are actually right

anyway, this is what a Lebanese wrote on reddit on how the banks got the deposit

The Ponzi scheme

back in spring, summer 2019, banks started telling people , come put your money with us , we shall give you 10% interest on usd account, or even better switch to LBP and we give u 17% rates. so people were like wtf thats so cool , why work when you can get x amount while doing nothing. This strategy not only targeted locals, but expats outsides. Millions and milions of usd were brought in and put in banks here for the juicy looking interest rates. Imagine you have 100k in usd , you put them in the bank and get 10% a year while doing nothing so 100k would get u 10k a years almost 830usd a month while sitting taking a crap on your toilet. Now imagine someone with millions... get my point?

and then on oct 17 th 2019, they implemented capital control and blocked all those millions in the banks...



2) then devaluation

[b]Hello all, pre 2019, Lebanon was a beautiful country (still is Nature wise... for now)...

We had it all, nightlife, food, entertainment, security (sort of), winter skiing, beaches, everything.

At the moment we barely have running electricity, internet. Medications are missing. Hospitals running on back up generators.

Our currency devalued from 1,500 lbp = 1usd , to currently 24,000 lbp = 1usd. Banks don't allow us to withdraw our saved usd. Everything has become extremely expensive.

The country we know as Lebanese pre 2019 is a distant memory. Mass depression is everywhere , like literally booking a therapist these days takes you 1/2months in advance to find vacancy.

The middle class has been decimated.

We have two types of USD here , "fresh" usd and local usd stuck in banks that they don't allow us to withdraw.

Example: my dad worked 40 years saving money and now they are stuck in the bank and capital control doesn't allow us to withdraw not more than 300/400$ a month and they give it to us in Lebanese pounds at a rate of 8000lbp = 1usd , where the black market rate is 24000lbp per 1 usd.(its an indirect hair cut to our savings)[/b]

5 Likes

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by samuel19222(m): 11:58am On Sep 15, 2022
Chai see sufferness on top their own money ooo, access bank or uba go try this rubbish with me eh, they wan collect be that

1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by xxmoney15(m): 11:58am On Sep 15, 2022
It's almost the same as faking death just to get ur pension from PENCOM

1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Karemarealty288(m): 12:01pm On Sep 15, 2022
On my way to Beruit to collect my own hush hush as e dey puppi in gangster's paradise .,.. grin

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Ellasure: 12:02pm On Sep 15, 2022
Emmamay10:
Lebanon is currently in a state of comatose. These are the consequences of corruption and poor resource management. Nigerian leaders should endeavour to take a cue from what Lebanese are facing now. In addition, Nigerians that are planning to escape to Lebanon to seek greener pastures should think twice before embarking on the journey.

When a country bring up her children filled with hatred of fellow human beings, it will never be well with such people. The Lebanese love hezebolla, love Islamic jihad, love fighting the Jewish people and the political leaders of the country spend their lean resources to pursue propaganda against the Jewish people and their stay as neighbours in Palestine, it will be worse unless they changed their ways, their mindsets and begin to see that Allah and God of the Jew is the same. And He deserves true worship devoid of hatred for another being.

Lebanese and Fulani are the same people same origin.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by lolu2019: 12:03pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
u are very stupid. instead of u to face the reality. Lebanese are the people collecting all our contracts right from the days of PDP.they don't av respect for Nigerians.wake up bro.they have nothing. they are eating us up.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Adakintroy: 12:03pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.

Na you wan spearhead ?.

Local man no get cataport but believe say him go fit withstand gun
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by hush15: 12:04pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.

Exactly what I wanted to type.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Nobody: 12:04pm On Sep 15, 2022
Corridon:

We agree with you sir. cheesy cheesy cheesy
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by obedience4(m): 12:05pm On Sep 15, 2022
Sonyboom765:
I tot your country is Biafra


Am a Bini boy,
I will never support a group of people leaving the country..
There is strength in diversity and unity

1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by MedicH: 12:08pm On Sep 15, 2022
Keep ur money in crypto. Fools no hear
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by lolu2019: 12:08pm On Sep 15, 2022
Yampotatocarrot:
Whereas some of them are here in Nigeria, forming kingkong, and being protected by our police men... So, Na so their country useless reach
na so bro.yala yala everywhere. Modafuckas.ontop,our own resources.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Dearlord(m): 12:09pm On Sep 15, 2022
After Reading this news
I concluded that Nigeria is paradise

2 Likes

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Okhuadams(m): 12:11pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
no go die for Tinubu matter
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by deavicky(m): 12:15pm On Sep 15, 2022
OyeofIkoTuN:
Lol....

Nigerians don't have that mind

Suffering and smiling is the motto
wait till all hope is lost there u will see the action of a hopeless man.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by yahmohy27: 12:15pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.



And your generation may suffered it too.
So say something good
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by perryy(m): 12:17pm On Sep 15, 2022
Mystic216:
There’s high probability Nigeria would face a similar case if Yekini wins

He will use bullion vans to pack the money home and we all would be left stranded.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Jeffyblaq(m): 12:18pm On Sep 15, 2022
Anyhow you perceive it.. It is what it is..

If the government failed to address and do the needful..

Might get worse than this come 2023 and beyond..

Itz called SURVIVAL!
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by nesphil(m): 12:18pm On Sep 15, 2022
imagine!
See what bad leadership has done to people and their hard-earn monies.
How you a man take his hard-earned money to the bank voluntarily, but when it was time to get back his money he was denied and he has to use force.

May this not befall us in Nigeria.

WriterNig:


1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by purplekayc(m): 12:21pm On Sep 15, 2022
Lebanon is always in turmoil
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by ZombieSlayer1: 12:22pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
me don already convert the bulk of my funds to usdt grin

1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by kolaaderin: 12:25pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
Honestly speaking you are definitely Maad.
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by GeneralDae: 12:27pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
Why is your problem just Tinubu and not Atiku?
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Billygee2u: 12:27pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
it gonna be worst
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Chris2863(m): 12:29pm On Sep 15, 2022
johnmartus:
A carelessness talk from children of hate can we talk about Tinubu achievements and your peter obi achievements .
which Tinubu’s achievements


You mean the dying druggie?? grin cheesy
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by statesman6: 12:31pm On Sep 15, 2022
Corridon:
This is what will befall Nigeria if Tinubu mistakenly wins the election.
But the case sound like obi who PO who keep government fund in account and not make use of those money for economy growth
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Corridon: 12:31pm On Sep 15, 2022
ZombieSlayer1:
me don already convert the bulk of my funds to usdt grin
You don prepare already grin

1 Like

Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by Corridon: 12:31pm On Sep 15, 2022
Billygee2u:

it gonna be worst
Hnnnm
Re: Lebanese Citizens Are Robbing Their Banks To Withdraw Their Own Money (Photos) by JOemmy(m): 12:35pm On Sep 15, 2022
How did they managed to escape after collecting their money with all those security guards outside the bank?

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