Arab Bank Plc faces Hamas financing trial in U.S


  • World
  • Friday, 08 Aug 2014

NEW YORK (Reuters) - Arab Bank Plc goes on trial next week in New York over claims that it provided material support to the Palestinian group Hamas, in what one of the plaintiffs' lawyers said is the first terrorism financing case against a bank to go to trial in the United States.

Almost 300 U.S. citizens who were the victims, or the family members of victims, of militant attacks allegedly committed by Hamas in Israel and the Palestinian territories between 2001 and 2004 sued the Amman, Jordan-based bank in 2004. About 200 other plaintiffs in the lawsuit with claims against the bank stemming from attacks blamed on the al-Aqsa Martyrs Brigades and other groups have not yet gone to trial.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Analysis-Once ostracised, Italy's Meloni is now centre stage in Europe
Tesla settles fatal crash suit as another jury trial loomed
'A mountain fell on them' says rescue worker at PNG landslide site
US billionaire plans dive to the Titanic in a newly designed submersible
Elon Musk dominates space launch. Rivals are calling foul.
US tech firm settles allegations over whites-only job listing
Thailand to indict influential former PM Thaksin over royal insult
South Korea accuses North of 'base' act by sending balloons with trash
South Korea, UAE summit to focus on defence, energy and investment
Take this test to find out if social media really makes you happy

Others Also Read