Explained: why armed man who took hostages in Lebanon bank is hailed as hero

Updated : Aug 16, 2022 10:12
|
Editorji News Desk

An armed man has emerged as an unlikely hero in Lebanon after he held hostages in a central Beirut bank and demanded access to his own money.

42-year-old food-delivery driver, Bassam al-Sheikh Hussein entered the bank with a shotgun and a canister of gasoline, fired three warning shots and locked himself in with up to 10 hostages, threatening to set himself on fire unless he was allowed to take out his money.

After Trump house raid, armed man tried to enter FBI office; killed

Reports said he insisted on withdrawing part of his frozen savings of $210,000 to help pay for his father’s hospital bill.

Like nearly all Lebanese, the hostage taker’s funds have been off limits for more than two years. Banks, stricken by an economic crisis, have allowed depositors only token withdrawals of dollars each month that are insufficient to meet the most basic of needs.

News of the siege was quick to reach all parts of a country where nearly 80% of the population are now considered impoverished after the imposition of informal capital controls. Scenes of a defiant figure holding a bank to ransom resonated with hundreds of thousands of people.

Also Watch: Are big banks good for customers?

Banklebanon

Recommended For You

editorji | World

Israel marks 3rd October 7 anniversary with tributes, Gaza strikes and election battle

editorji | World

Heavy casualties in Ukraine after Russian strikes

editorji | World

Israel puts military on alert for Oct 7 anniversary, warns Gazans

editorji | World

US-German trio wins medicine Nobel for work on optogenetics

editorji | World

Passenger on rerouted Flydubai flight says pilot tried to crash plane