BREAKING NEWS

Arab Bank to appeal liable verdict in terror funding case

SEPTEMBER 23, 2014 00:11

Lawyers for Arab Bank said on Monday that they will appeal the verdict in which they were held liable in a US civil court for terrorist attacks committed by Hamas.

Responding, Arab Bank said that it had "predicted that any proceeding conducted under the district court’s improper sanctions, which the US government found to be ‘erroneous,’ would be nothing more than a show trial."

It added that, "Once the Court eliminated the Bank’s defenses, permitted weeks of inadmissible and inflammatory testimony of plaintiffs’ witnesses, and rejected the Supreme Court’s binding causation standard, the verdict against the Bank was inevitable."

Further, the bank said, “Taken together, the Court’s rulings excluded nearly all evidence about banking and put Hamas on trial, but as Judge Weinstein found in dismissing the related Gill case, ‘Hamas is not the defendant; the Bank is.’"

The bank continued that it “believes it will ultimately prevail in this case. The trial was infected by scores of errors, and the Bank has very strong grounds for appeal" and will appeal to the US federal appeals court.

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