Sayegh: 14 Years of Financial Mismanagement Disqualify Hezbollah and Allies for Finance Ministry

Kataeb MP Salim Sayegh emphasized a growing consensus in Lebanon that the Ministry of Finance should not be allocated to Hezbollah or its ally, the Amal Movement. The two parties, he argued, have been deeply involved in the country’s financial mismanagement over the past 14 years. 

"The Amal-Hezbollah duo's performance has been suspicious, contributing to the waste of Lebanon’s state funds, covering up corruption, and leading Lebanon to become one of the most impoverished countries in the world," Sayegh said in an interview on Al Arabiya.

He outlined the necessity for rotation within key governmental portfolios, reiterating that no political faction should monopolize any ministry.

"Both the president and the prime minister-designate have made it clear that no ministry is off-limits, and we fully agree with this principle," Sayegh noted. "We must ensure that there is rotation in all ministries, including Finance."

"There is a broad consensus within Lebanon that the Ministry of Finance should not be given to either of the two factions of the Shiite duo," he said. "It is crucial for the financial future of Lebanon that the ministry not remain under their control."

Sayegh also addressed concerns about former Minister Yassine Jaber, who has been nominated by Speaker Nabih Berri the become Lebanon's next finance ministry. While he acknowledged Jaber’s long political career, Sayegh stressed that the real issue was not the individual but the political power behind the nomination.

"It’s not about Jaber personally. It’s about who is nominating him," he explained. "The party that nominates the minister will have the ability to control key decisions, including oversight of the country’s finances."

Sayegh also pointed to the international dimension of Lebanon’s crisis, raising concerns about how Lebanon’s relationships with international donors could be affected by the continued control of the Ministry of Finance by the Shiite duo.

"How can we expect international aid and support when the Ministry of Finance, which will handle these funds, remains under their control?" Sayegh asked. "We are in dire need of international assistance, and the ministry’s control is a critical issue for Lebanon's ability to rebuild and regain international trust."

The lawmaker made it clear that the Kataeb party does not seek a specific ministry but wants to play a significant role in shaping Lebanon’s future.

"We want to be an active and influential force, reflecting our contribution to the establishment of this new era for Lebanon, but we have no sectarian or partisan ambitions in this regard."

Concluding his remarks, Sayegh reinforced the need for a change in how Lebanon handles its financial affairs, advocating for a new approach that does not allow any single group to dominate such an important sector. He stressed that the formation of a government with true representation of all parties, away from monopolization of key ministries, was vital for Lebanon’s recovery.

"Lebanon cannot move forward without ensuring that every ministerial post, especially Finance, is held accountable and is open to all qualified individuals, not just those with entrenched political power," he said.