Who owns now lebanon
Yet two years later the same politicians still run the country in the same way, protected by the sectarian-based system. Offshore companies, though not illegal, can be used to elude taxes or hide illicitly gained money.
The leaks only add further confirmation to what Lebanese have long said about their ruling class — though repeated reports of graft or illicit activity in the past have failed to bring change. One of the 14 firms listed by ICIJ as providing offshore services is Trident Trust, with Lebanese clients making up the largest group, more than double the second-place country, Britain.
He is listed as its full owner and sole director, which Daraj said appeared to violate Lebanese laws forbidding the central bank governor from activity in any enterprise.
ICIJ quoted him as saying that he declares his assets and has complied with reporting obligations under Lebanese law. Salameh, 70, is being investigated in Switzerland and France for potential money laundering and embezzlement. Local media reported over the past months that Salameh and his brother as well as one of his aides have been involved in illegal businesses, including money transfers abroad despite the capital controls imposed at home.
Salameh had denied making such transfers. Kheireddine is a former Cabinet minister and a senior member of the Lebanese Democratic Party. He did not respond to calls and a text message by the AP. As the fuel oil that powers Lebanon has disappeared from the market, Lebanese have sweltered at home in the summer heat without light or AC, routinely tossing out the contents of fridges while having to set aside hours to fill up the car - if increasingly scarce gasoline can be found.
Many say living conditions are worse than during the civil war. It marks a new low in the financial crisis that erupted in late , the result of decades of corruption and mismanagement by a ruling elite that has failed to find solutions as more than half the population has sunk into poverty. In the latest policy failure, the government is sparring with the central bank over its decision to end fuel subsidies, a step that would spell sharply higher prices. While the stand-off continues, importers told Reuters the country faced a huge shortage of fuel.
Khalife has downgraded from three refrigerators to one, which he powers via a line from a neighbour's generator that whirrs loudly across the street. On Wednesday, Lebanon's electricity minister told reporters that the country needs 3, megawatts of power but only has enough fuel to produce MOM analyzed 37 outlets with the largest audience shares in Lebanon.
Combined with a deeply divided political landscape and a lack of proper means of regulation, these trends in audience concentration pose a high risk to media pluralism in Lebanon.
Highest rate of political affiliation. Compared with all 16 existing MOM country editions so far, Lebanon shows the highest rate of political affiliation with 29 outlets out of 37 These politically affiliated outlets account for the entirety of the TV viewership, a print readership share of Moreover, some of the most popular online news platforms belong to political parties, further amplifying the high risk of media politicization and polarization.
Lebanese law does not include provisions on conflicts of interests that could prevent government figures and members of parliament or their family members from owning shares in media organizations.
Media owners are not obliged to disclose their political affiliations, for example towards the Commercial Register of the Ministry of Justice. In the course of the research, the MOM team found at least 12 famous dynasties involved in the media sector. The Hariri family owns major shares in media outlets and is the only one to have stakes in all four media sectors print and online, radio and TV.
All outlets that they co-own combine at least
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