Lebanon’s central bank, known as the Banque du Liban (BDL), announced Wednesday that it has asked commercial banks to provide it with the names of the “politically exposed figures” who have failed to repatriate their bank transfers from abroad in the wake of the country’s historic financial crisis.
In a statement, BDL’s Special Investigation Commission said it had made the request following a meeting that was held on March 3, adding that the names of those who have complied should also be submitted to the central bank.
The SIC gave banks until the end of March 2022 to submit the lists.
It also requested information about “the cash deposits that were made by politically exposed figures (PEPs) between July 2017 and the end of December 2020.”