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Trader widens legal threat against Lebanese bank over funds row

Trader widens legal threat against Lebanese bank over funds row

DUBAI: Oil trading company IMMS is considering launching more legal action against Lebanon’s BankMed, which it accuses of refusing to release funds on request.

In a statement to Arab News, IMMS said that it has instructed its lawyers to initiate legal proceedings in other jurisdictions where BankMed has a presence.

It"...