The Pak Banker

German banks shut accounts for links with Palestinia­ns

- GAZA -REUTERS

The Marxist- Leninist Party of Germany announced on Thursday that the Deutsche Bank and the Postbank shut down all of the party's bank accounts in Germany. The MarxistLen­inist Party of Germany announced on Thursday that the Deutsche Bank and the Postbank shut down all of the party's bank accounts in Germany.

The anti-Israel Marxist-Leninist Party has been engulfed in an election scandal alleging it campaigned during the federal election with The Popular Front for the Liberation of Palestine (PFLP)--an EU and US designated terrorist organizati­on. In a statement released on its German-language website, Gabi Fechtner, the Marxist-Leninist Party (MLPD) chairwoman, said the terminatio­n of the accounts "is a massive attack on the management of the MLPD." She added that that the closure of the accounts "means a new high point in the criminaliz­ation campaign against the MLPD and a politicall­y motivated bank boycott." The MarxistLen­inist Party lashed out at The Jerusalem Post for its investigat­ive series on the party's connection with the PFLP prior to the September, 24 federal election.

The party, which adheres to the line of the late Soviet Union dictator Josef Stalin, wrote that negative press coverage is related to its support for the "Palestinia­n liberation struggle." The Marxist-Leninist Party campaigned on a joint list with the PFLP and its supporters, according to German media reports.

The Marxist-Leninist Party did not secure the required 5% of the vote to enter the Bundestag. Germany's domestic intelligen­ce agency monitors the Marxist Leninist Party and its 1,800 members because the party is deemed a threat to the country's constituti­onal democracy. Fechtner said "all of the defemation­s with respect to our alleged terror connection­s...are without substance." The Marxist-Leninist Party leader said: "We demand that the Deutsche Bank and the Postbank immediatel­y withdraw the cancellati­ons." She added that if the banks refuse to re-open the accounts, the MarxistLen­inist Party will initiate legal action.

A Deutsche Bank spokesman told the Post that the bank declines to comment. The Postbank did not immediatel­y respond to a Post query. The Marxist Leninist Party called for "Solidarity with the just resistance of the Palestinia­n people against Israel's war of aggression and state terrorism" during the IDF's Operation Cast Lead against Hamas in 2009. The party says the PFLP should be delisted as a terrorist organizati­on.

According to a report in the Hamburger Abendblatt newspaper, the Marxist Leninist Party had €4.17m. available for its electoral campaign ahead of the September election. It is unclear how much money, if any, was allocated to the PFLP and its supporters. In addition to the four Deutsche Bank accounts listed on the Marxist Leninist Party's website, the GLS Bank in Bochum operates an account for the party.

The Marxist Leninist Party said in an early September statement that "the PFLP is not a member of our alliance. Sympathize­rs of the PFLP are, however, engaged in our alliance and are represente­d... in the interests of the Palestinia­ns." However, German media showed screenshot­s of Marxist Leninist Party election literature listing the PFLP as an alliance partner of the party.

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