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Analysts, Activists Demand Action to End Lebanon’s Rampant Corruption

Analysts, Activists Demand Action to End Lebanon’s Rampant Corruption

Voice of America
Monday, August 02, 2021 05:58:37 PM UTC

AMMAN, JORDAN - Analysts and activists alike are demanding that rampant corruption that has eroded Lebanon’s governing system be uprooted. Supported by the United States, the European Union’s recent adoption of a new sanctions regime on Lebanon’s corrupt players is seen by observers as one way forward to tackling the endemic problem while pressing for the formation of a new government. 

The U.S. secretaries of state and Treasury, Antony Blinken and Janet Yellen, welcomed the E.U.’s new sanctions targeting corrupt figures in Lebanon. A joint statement on July 30 said the United States “looks forward to future cooperation with the EU in our shared efforts." Mona Yacoubian of the United States Institute of Peace told London’s Chatham House research group that targeted sanctions are important as is government formation and systemic reform in Lebanon. She notes that power broker Hezbollah and other actors are able to exploit weak institutions. “Sanctions that seek to address those particular members of the political class who are most corrupt and who are obstructing the need to form a new government include things like travel bans, asset freezes, and so forth," said Yacoubian. 
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