As Lebanese got poorer, politicians stowed wealth abroad
The Hindu
Names in the leaked documents include the central bank governor, as well as Prime Minister Najib Mikati and his predecessor.
A trove of leaked documents confirmed that for years, Lebanon’s politicians and bankers have stowed wealth in offshore tax havens and used it to buy expensive properties – a galling revelation for masses of newly impoverished Lebanese caught in one of the world’s worst economic meltdowns in decades.
Some of the newly outed holders of offshore accounts belong to the same ruling elite that is being blamed for the collapse and for derailing the lives of ordinary Lebanese who have lost access to savings and now struggle to get fuel, electricity and medicine.
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