NNA – The "Depositors Association and League" organized Sunday a demonstration outside the headquarters of the Association of Banks in Beirut, "in rejection of the government's plan to convert deposits into Lebanese pounds and to differentiate between depositors on the basis of the date of October 17 and to compensate depositors in Lebanese pounds."

The demonstration also headed to the Government Serail and then to the Banque du Liban, where a joint statement was read, stressing the depositors’ refusal to allow more losses to be inflicted upon them and to bear the consequences of the ruling system’s deals, waste, corruption and carelessness.

“We will not allow them to deceive the people and annihilate the lively and productive classes…Today we are here, depositors whose small and medium deposits are threatened with extinction; workers, laborers and self-employed people who have lost their purchasing power and their incomes are threatened by evaporation; syndicates and unionists who are threatened of losing their savings, funds and rights,” the statement emphasized.

“This is our message to society as a whole, with all its components, especially unions and professional associations, to every citizen affected by the policies of this system, and every citizen aspiring to establish a social justice system on the ruins of the banking and rentier system. Our message is that everyone who hears us joins this decisive confrontation, join in order to protect what is left, in order to defend savings and deposits and in order to restore rights, all rights!” the depositors’’ statement underlined.

==========R.Sh.