BDL Governor Take Actions to Recapture Illicit Funds
On January 8th, 2026, BDL Governor Mr. Karim Souaid held a press conference at BDL Head Quarters. In the press conference, Mr. Souaid revealed his aim to inform the public with complete clarity and transparency all legal and judicial actions that BDL has commenced. These actions will continue and will be taken against any legal or natural person who misused BDL funds or committed fraud in violation of their legal or professional duties. Additionally, these actions will also pursue anyone who violated BDL circulars. On the other hand, BDL want to confirm BDL’s right to all the funds that were given to previous governments. The Governor confirmed that these measures aim to recover funds that have been misused and transferred illegally and to secure necessary liquidity to repay depositors.
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