Bank ac­cused of fund­ing ter­ror in US trial

The Jewish Chronicle - - WORLD NEWS - BY ANSHEL PF­EF­FER

A FED­ERAL court­house in Brook­lyn is the next bat­tle­field between the West and Is­lamic ter­ror move­ments.

Rep­re­sen­ta­tives of the vic­tims of two sui­cide bomb­ings in Is­rael have ac­cused the Arab Bank — head­quar­tered in Jor­dan with branches in 30 coun­tries — of know­ingly han­dling funds for Ha­mas. Ac­cord­ing to the plain­tiffs, the Arab Bank there­fore shares the re­spon­si­bil­ity for Ha­mas’s at­tacks on civil­ians in Is­rael.

Hear­ings be­gan on Mon­day for the suit which was filed a decade ago.

The plain­tiffs claim that funds for the families of sui­cide bombers were fun­nelled through Arab Bank ac­counts and that ex­ec­u­tives at the bank, which op­er­ates in the US and Bri­tain, were aware of the ori­gins and pur­pose of the money.

The bank is de­fend­ing the claim and is ex­pected to ar­gue that none of the re­cip­i­ents of the cash ap­peared on “black­lists” of ter­ror fig­ures com­piled by the US.

Eye­wit­nesses of the sui­cide at­tacks, as well as ter­ror and bank­ing ex­perts, are ex­pected to tes­tify. The court’s rul­ing could have ma­jor im­pli­ca­tions for the way in­ter­na­tional banks con­duct their busi­ness around the world.

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