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Local magazine fined over defamation of BLC Bank.

Summary: BEIRUT: The Court of Publications fined Wednesday the publisher of a Lebanese magazine over a lawsuit filed by the BLC Bank and its chairman that accused him of "defamation, intimidation and blackmail." Head of the Court, Judge Rukouz Rizk, fined Hassan Sabra, the publisher of Ash-Shiraa magazine and its Responsible Director Ghazi Maqhour LL6 million

BEIRUT: The Court of Publications fined Wednesday the publisher of a Lebanese magazine over a lawsuit filed by the BLC Bank and its chairman that accused him of "defamation, intimidation and blackmail." Head of the Court, Judge Rukouz Rizk, fined Hassan Sabra, the publisher of Ash-Shiraa magazine and its Responsible Director Ghazi Maqhour LL6 million after they were found guilty of "defaming" BLC and its chairman, Shadi Karam, in an article that Sabra wrote and was published by the magazine on June 27, 2005. The verdict also requires Sabra and Maqhour to pay LL4 million to the bank and to Karam in compensation for the harm inflicted. The court dropped the charges of "intimidation and blackmail" and required that the magazine publish the verdict. -- The Daily Star

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Publication:The Daily Star (Beirut, Lebanon)
Date:Mar 31, 2011
Words:199
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