September 23, 2014

US court holds Arab Bank liable to victims of Hamas

September 23, 2014/ Tron Nick

A jury for the US District Court for the Eastern District of New York [official website] on Monday found the Jordan-based Arab Bank [corporate website] liable for providing material support to Hamas [official website]. The plaintiffs were 300 victims injured in attacks by Hamas against Israel. The jury found that Arab Bank conducted business with leaders and members of Hamas, financing a number of attacks in Tel Aviv and Jerusalem [Bloomberg report] in the early 2000s. A separate trial will be conducted to determine damages. Arab Bank plans to appeal [press release] to the Second Circuit Court of Appeals [official website], claiming the court made significant errors regarding numerous aspects of the trial. [MORE]

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US court holds Arab Bank liable to victims of Hamas

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