Jordan Calls for Appeal of Verdict Against Biggest Bank - Bloomberg:
"The Jordanian government urged a U.S. judge to allow Arab Bank Plc, the country’s largest lender, to appeal jury findings the bank is responsible for helping Hamas militants carry out two dozen terrorist attacks in the Middle East.
The country, whose pension fund owns about 15 percent of the Amman-based bank, said it has “exceedingly serious concerns” over the way the trial was conducted in Brooklyn, New York, federal court over attacks that killed or injured U.S. citizens around Israel in the early 2000s.
The Hashemite Kingdom of Jordan said in its memorandum filed with the court two days ago that the trial was “unfair” in part because of sanctions imposed against the bank for failing to obey rulings to turn over account information -- rulings that the bank claimed would have forced it to disobey criminal laws of Jordan, Lebanon and the Palestinian territories."
'via Blog this'
No comments:
Post a Comment