Public Actions

Judge Mariana Anany issues a ruling to seize all shares, real estate and assets of Fransabank

Date: 
Wednesday, March 16, 2022

Judge Mariana Anany, head of the Enforcement Department in Beirut, issued a ruling to seize all shares, real estate and assets of Fransabank, its branches and various companies in Lebanon, including money and real estate coffers. They will be put up for auction if the bank refuses to repay the full deposit of its client, Ayad Ibrahim, immediately. The officer implementing the decision began the compulsory seizure of the main branch of the bank, sealing it with red wax. He could seek the help of security forces if the bank objected to the seizure. 

Acting Bodies: 
Judicial bodies (cassation courts, constitutional council, military courts…)
Type: 
Judicial Decisions
Categories: 
Fiscal measures
Impact: 
National
Status: 
Other / NA
Civil Society Response: 
Not applicable