Friday, 19 September 2014

Arab Bank Assailed at Trial for Serving Terrorism ‘Stars’ - Bloomberg

Arab Bank Assailed at Trial for Serving Terrorism ‘Stars’ - Bloomberg:



"Arab Bank Plc, Jordan’s biggest lender, was the “bank of the stars” for the terrorism world and willingly aided the Palestinian militant group Hamas, a lawyer told New York jurors in a bid to recover damages on behalf of hundreds of victims of the group’s attacks.



The bank was sued in a potentially landmark case for allegedly doing business with more than 150 Hamas leaders and operatives linked to two dozen attacks in Israel, mostly suicide-bombings.



The plaintiffs, victims of the attacks or their relatives, seek to hold the Amman-based lender responsible for assaults which occurred in the early 2000s amid a wave of violence, including deadly explosions in buses and restaurants."



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