Lebanese Central Bank Seizes Assets of Citizens Under U.S. Sanctions

In a dramatic and alarming step, the Lebanese central bank has taken unprecedented actions against its own citizens who are under U.S. sanctions. This new directive goes beyond simply blocking these individuals from accessing bank accounts, a practice that has been ongoing for decades. Instead, the bank has moved to formally seize their assets, encompassing everything from their homes to business properties.

The implications of this decision are severe. Many Lebanese citizens now face the harsh reality of being homeless and financially devastated as the state's actions have led to the loss of their entire livelihoods. This aggressive stance by the Lebanese government marks a troubling escalation in how it deals with those affected by the sanctions, leaving numerous families in a state of despair and uncertainty.