US court authorizes reopening of Palestinian bank

By JPOST.COM STAFF
April 7, 2007 19:48

A US court authorized the reopening of a Palestinian bank in New York and ordered the transfer of 30 million US dollars to the Palestinian Central Bank. The decision was made after the court ruled that the bank was a separate body which was not linked to the Palestinian Authority (PA). The bank was ordered to discontinue operating in 2005 as a part of the general decision to freeze PA funds.


Related Content

A satellite image shows parts for an aircraft carrier under construction at Jiangnan Shipyard in Sha
October 17, 2019
Satellite images reveal China's aircraft carrier 'factory,' analysts say

By REUTERS

Cookie Settings