Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Gunman who held up Lebanon bank to withdraw own money arrested as siege ends

The armed man’s wife supported her husband’s actions, claiming he ‘did what he had to do’

Rory Sullivan
Friday 12 August 2022 07:35 BST
Comments
Gunman takes hostages at bank in Lebanon to get savings

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

An armed man in Lebanon who took bank staff hostage in a desperate attempt to access his own money has given himself up after seven hours.

Authorities said the 42-year-old entered the bank branch in Beirut with a shotgun and a canister of petrol, fired three warning shots and locked himself in with six hostages, threatening to set himself on fire unless he was allowed to take out his money.

The man was trying to withdraw money to pay for his father’s hospital treatment. He has about £175,000 in savings, according to reports.

After several hours of negotiations, he accepted an offer from the bank to receive part of his savings, local media reported.

He then released his hostages, and was arrested by police as he walked out of the bank. He did not receive any of the money, said witnesses.

His wife, who was standing outside the bank during the siege, told reporters that her husband “did what he had to do”.

Since Lebanon’s economy started to implode in 2019, many banks have introduced monthly limits, which severely restrict cash withdrawals.

The hostage situation started just before midday in a Federal Bank of Lebanon branch in the capital’s Hamra neighbourhood.

The branch manager, Hassan Halawi, told Reuters that he and five others were taken hostage. One was a client and the rest were bank employees.

Mobile footage shot from outside the building shows a bearded man, who is wearing a black T-shirt, shorts and sandals, carrying a gun and demanding access to his money.

Protesters gathered outside the bank branch and started to shout anti-government and anti-capitalist slogans. “Down with the rule of the banks!” they said.

Their chants express the rage felt by the Lebanese people, three-quarters of whom were plunged into poverty by the economic crisis.

Speaking about the hostage situation, Dina Abou Zor, one of the protesters, said: “What led us to this situation is the state’s failure to resolve this economic crisis and the banks’ and Central Bank’s actions, where people can only retrieve some of their own money as if it’s a weekly allowance.”

“This has led to people taking matters into their own hands.”

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in