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Kassem Hejeij, charged by the U.S. Treasury with direct links to Hezbollah, officially resigned as head of the Middle East Africa Bank, as Central Bank Governor Riad Salameh assured that this case would have no impact on the Lebanese banking sector.In a memo issued by the bank, the head of the financial market at MEAB Amal Saleh said that Kassem Hejeij had submitted his resignation and handed over his responsibility to his son, Ali Hejeij. The U.S. Treasury did not name the bank in its sanctions designation and made no hint that it should be closed by Lebanese financial authorities.Liquidating the bank is not expected to happen anytime soon because most banks in Lebanon are not too keen to buy the assets of MEAB.
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