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Blocked deposits: New draft plan proposes partial restitution over 11 to 30 years

A document reviewed by "L'OLJ" estimates an average recovery rate of around 44%, with a significant difference depending on whether the accounts are "eligible" or not.

Blocked deposits: New draft plan proposes partial restitution over 11 to 30 years

Photo for illustration. (Credit: Philippe Hage-Boutros/L'OLJ)

A new draft government plan to resolve the issue of illegally blocked bank deposits is currently under discussion among key officials, bankers and experts. L'Orient-Le Jour obtained a copy of the plan, which was developed under the guidance of...