By Jamie Prentis — nationalnews.com — — Chaotic scenes marked the Lebanese Parliament’s first legislative session since the May 15 elections, with MPs given the task of voting on 40 draft laws on Tuesday. Among the items approved include a proposed amendment of Lebanon’s banking secrecy laws and a $150 million loan from the World Bank to support wheat imports for the next six to nine months. Insults were traded on the floor of Parliament, particularly between MPs from Amal — the party of Speaker Nabih Berri — and those from the opposition bloc the Forces of Change, which is linked to the October 2019 protests against the ruling class that led to the collapse of the government.
In one session, Forces of Change MP Cynthia Zarazir was branded a “cockroach” by Amal MP Kabalan Kabalan. ‘Heads held high’ in Lebanon as pride in Cedars basketball team salves Asia Cup loss The amendments to the banking secrecy laws are one of a number of prerequisites for $3 billion in funds from the International Monetary Fund. However, the bill has been watered down from its original version and allows government institutions to lift secrecy specifically in cases of criminal investigations, including in illicit enrichment, money laundering and terrorism financing. But the original draft law would have allowed banking secrecy to be lifted to investigate “all financial crimes”.
Tense scenes could be witnessed outside Parliament as well: family members of the victims of the August 2020 blast that struck Beirut’s port protested in front of the building, demanding that MPs pass a law that would classify the port’s silos as a monument to the more than 200 people who died. “We want [the MPs] to keep the silos as a memorial to the victims that lost their lives,” Mariana Fodoulian, whose 29-year-old sister Gaia died in the blast, told The National.