BREAKING NEWS

Arab Bank found liable over Hamas attacks, US jury says

SEPTEMBER 22, 2014 23:39

In a historic verdict, an 11 member jury on Monday found Arab Bank liable for knowingly providing financial services to Hamas - the first time a financial institution has ever been held civilly liable for supporting terrorism.

The Arab Bank trial took place in a federal court in Brooklyn for the last five weeks and revisited some of Hamas' worst terror attacks, including the August 2001 Sbarro suicide bombing in Jerusalem killing or wounding 130 and a range of 24 horrid terror attacks during the Second Intifada.

297 plaintiffs who were injured or are family members of those murdered in the 24 terror attacks from 1998-2004 financed via Saudi Arabia and Hezbollah’s al-Shahid Foundation sued the bank in 2004 for allowing itself to be used as a conduit for the terror funds.

The 10 year history of intense legal battles, included trying to get the bank's "secret" client documents located in Jordan, Lebanon and the Palestinian areas.

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