The Central Bank asked banks to give a notification before closing any account. (The Daily Star/Mohammad Azakir)
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Most social and medical institutions under Hezbollah's control are paying their staff in cash to avoid closure of accounts by Lebanese commercial banks, sources revealed Wednesday.In May 27, a senior official from the U.S. Treasury made it very clear that Washington does not distinguish among Hezbollah members.To reduce the tensions resulting from Circular 137, which required banks to comply with the recent U.S. measures, Salameh asked banks to notify the Special Investigation Commission about any plan to freeze or close an account.Banks are allowed to close suspicious accounts if the SIC does not respond within 30 days. There have been media reports claiming that some banks are closing accounts of Shiite charity groups, even though their names are not on the U.S. list, an allegation banks deny.
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