Akhbar Al Yawm, Omar Rassi

Some, in the midst of the severe crisis, accumulate profits at the expense of the public treasury. This is a legitimate way: CDS contracts on Eurobonds, that is to say insurance contracts that bondholders sign with companies concerned by this type, and in case  of bankruptcy or default of the issuing country (and here of course we are talking about Lebanon), bondholders have the right to receive in lieu of insured bonds ... The case is similar in one way or another to home insurance

The Lebanese state announced the default on March 7, 2020. Already one year and three months, but no steps have been taken to negotiate with creditors or bondholders ...Is this default similar to someone setting their house on fire ?! Does that mean there is someone out there looking to take advantage of it ?!

The source says: the main thing is not here but elsewhere, noting that there are those who have resorted (in reference to the government of Hassan Diab) under the pretext of securing food and basic products to stop paying the debts of Lebanon, and there are those who take advantage of the non-payment of their debts by the state to collect billions of dollars of insurance, and here we can say that there are some question marks about politicians or influencers ( Lebanese or non-Lebanese)  whether they were behind  the decision taken by the government of Prime Minister Hassan Diab or not