BEIRUT: Lebanon’s Hezbollah is preparing for a massive turnout for the funeral on Sunday of its slain leader Hassan Nasrallah, an opportunity for a show of strength by the Iran-backed group after a bruising war with Israel.
Nasrallah’s death nearly five months ago in a huge Israeli strike on Beirut’s southern suburbs left Hezbollah supporters in disbelief and sent shockwaves across Lebanon and the region.
The country will stop for Sunday’s funeral, to be held at 1:00 p.m. (1100 GMT) at the Camille Chamoun sports stadium on the capital’s outskirts.
Hezbollah has announced strict security measures and urged security forces to help manage crowds that are expected to number in the tens of thousands, with people pouring in from Hezbollah strongholds across the country, as well as from abroad.
Hassan Wehbe, 60, an electrician in Beirut’s southern suburbs, said the funeral would be “a historic day.”
“There will be huge participation. Israel will see that we are not afraid,” he said.
Hezbollah has invited senior Lebanese officials including the president.
Its key foreign backer Iran has said it will participate “at a high level,” without specifying who will attend.
Nicholas Blanford, a Beirut-based Hezbollah expert and senior fellow at the Atlantic Council, said it was important for Hezbollah “to be able to demonstrate that they haven’t been cowed — that they are still a popular force” within the Shiite community.
The funeral “is going to be exactly the event for that,” he told AFP.
The ceremony is expected to last around an hour, including a speech by current leader Naim Qassem, who has called for a huge turnout.
A procession will follow to Nasrallah’s burial site near the airport road, now lined with yellow Hezbollah flags and images of him and other slain Hezbollah figures.
Civil aviation authorities said Beirut airport will close exceptionally and flights will be suspended from midday until 4:00 pm.
The US embassy has urged Americans to avoid the area.
Hezbollah was battered by more than a year of hostilities with Israel that culminated in two months of full-blown war before a ceasefire took effect on November 27.
After Nasrallah was killed on September 27, the group delayed his funeral due to security concerns.
The ceremony will also be for Hashem Safieddine, who was chosen to succeed Nasrallah before being killed in a later Israeli strike.
Safieddine will be buried on Monday in his southern hometown of Deir Qanun Al-Nahr.
The charismatic, bespectacled Nasrallah has long enjoyed cult status among his supporters.
For Ahmed Hallani, 35, taking part is “a religious and moral duty.”
Nasrallah is “our leader and the leader of our victories. We will stay beside him, alive or dead,” he said.
Iraqi Airways and Lebanon’s Middle East Airlines have increased services between Baghdad and Beirut ahead of the funeral.
Representatives of Iraq’s main pro-Iran factions are to participate, while several Iraqi lawmakers are expected to attend privately.
One of Hezbollah’s founders in 1982, Nasrallah was elected secretary-general a decade later after Israel killed his predecessor.
He won renown in the Arab world after Israel withdrew its troops from south Lebanon under relentless Hezbollah attack in May 2000, ending 22 years of occupation of the border strip.
Nasrallah’s years at the helm saw the group expand from guerrilla faction into the most powerful political force in Lebanon, only to be battered in the latest conflict.
Lebanon has said more than 4,000 people have been killed since hostilities began in October 2023, most of them after Israel ramped up its campaign in September, later sending in ground troops.
Among the dead are hundreds of Hezbollah fighters and a slew of senior commanders.
Israel has missed two deadlines to complete its withdrawal under the ceasefire agreement, and still has troops deployed in five places on the Lebanese side of the border after its latest pullback earlier this week.
Hezbollah readies massive funeral for slain leader Nasrallah
https://arab.news/9drtr
Hezbollah readies massive funeral for slain leader Nasrallah
- Hezbollah has announced strict security measures and urged security forces to help manage crowds
- Hassan Wehbe, 60, an electrician in Beirut’s southern suburbs, said the funeral would be “a historic day“
Lebanon approves financial gap draft law despite opposition from Hezbollah and Lebanese Forces
- Legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown
BEIRUT: Lebanon’s Cabinet on Friday approved a controversial draft law to regulate financial recovery and return frozen bank deposits to citizens. The move is seen as a key step in long-delayed economic reforms demanded by the International Monetary Fund.
The decision, which passed with 13 ministers voting in favor and nine against, came after marathon discussions over the so-called “financial gap” or deposit recovery bill, stalled for years since the banking crisis erupted in 2019. The ministers of culture and foreign affairs were absent from the session.
The legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown.
The vote was opposed by three ministers from the Lebanese Forces Party, three ministers from Hezbollah and the Amal Movement, as well as the minister of youth and sports, Nora Bayrakdarian, the minister of communications, Charles Al-Hajj, and the minister of justice, Adel Nassar.
Finance Minister Yassin Jaber broke ranks with his Hezbollah and Amal allies, voting in favor of the bill. He described his decision as being in line with “Lebanon’s supreme financial interest and its obligations to the IMF and the international community.”
The draft law triggered fierce backlash from depositors who reject any suggestion they shoulder responsibility for the financial collapse. It has also drawn strong criticism from the Association of Banks and parliamentary blocs, fueling fears the law will face intense political wrangling in Parliament ahead of elections scheduled in six months.
Prime Minister Nawaf Salam confirmed the Cabinet had approved the bill and referred it to Parliament for debate and amendments before final ratification. Addressing public concerns, he emphasized that the law includes provisions for forensic auditing and accountability.
“Depositors with accounts under $100,000 will be repaid in full with interest and without any deductions,” Salam said. “Large depositors will also receive their first $100,000 in full, and the remainder will be issued as negotiable bonds backed by the assets of the Central Bank, valued at around $50 billion.”
He said further that bondholders will receive an initial 2 percent payout after the first tranche of repayments is completed.
The law also includes a clause requiring criminal accountability. “Anyone who smuggled funds abroad or benefited from unjustified profits will be fined 30 percent,” Salam said.
He emphasized that Lebanon’s gold reserves will remain untouched. “A clear provision reaffirms the 1986 law barring the sale or mortgaging of gold without parliamentary approval,” he said, dismissing speculation about using the reserves to cover financial losses.
Salam admitted that the law was not perfect but called it “a fair step toward restoring rights.”
“The banking sector’s credibility has been severely damaged. This law aims to revive it by valuing assets, recapitalizing banks, and ending Lebanon’s dangerous reliance on a cash economy,” he said. “Each day of delay further erodes people’s rights.”
While the Association of Banks did not release an immediate response after the vote, it previously argued during discussions that the law would destroy remaining deposits. Bank representatives said lenders would struggle to secure more than $20 billion to cover the initial repayment tier and accused the state of absolving itself of responsibility while effectively granting amnesty for decades of financial mismanagement and corruption.
The law’s fate now rests with Parliament, where political competition ahead of the 2025 elections could complicate or delay its passage.
Lebanon’s banking sector has been at the heart of the country’s economic collapse, with informal capital controls locking depositors out of their savings and trust in state institutions plunging. International donors, including the IMF, have made reforms to the sector a key condition for any financial assistance.
