Arab Bank Accused of Turning Blind Eye to Terror Funding - Bloomberg

Arab Bank Accused of Turning Blind Eye to Terror Funding - Bloomberg:



"Arab Bank Plc went on trial in New York accused of turning a blind eye as terrorists used its services to finance attacks in and near Israel.



A lawyer for victims and their family members told jurors yesterday that the Amman-based lender, Jordan’s largest bank, helped Hamas during a wave of Israel-Palestinian violence in the early 2000s. The claims at issue were brought on behalf of about 300 U.S. citizens who were either victims of 24 attacks or relatives of those injured or killed. The trial of the decade-old case in federal court in Brooklyn may take as long as six weeks.



The bank’s account holders during some of that period included Osama Hamdan, a spokesman for Hamas, the Palestinian militant group that has been designated a terrorist organization by the U.S., the plaintiffs allege."



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