News / USA

Arab Bank in US Faces Trial Over Hamas Funding

An Arab Bank window reflects peace flags being carried in an anti-war demonstration in Rome Feb. 15, 2003.
An Arab Bank window reflects peace flags being carried in an anti-war demonstration in Rome Feb. 15, 2003.
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 their relatives – 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.

The plaintiffs accused the bank of violating the U.S. Anti-Terrorism Act, which allows victims of U.S.-designated foreign terrorist organizations to seek compensation. The U.S. State Department designated Hamas a terrorist organization in 1997.

Arab Bank has said it did not cause or provide material support for the attacks.

U.S. District Judge Brian Cogan, presiding over the case in Brooklyn federal court, has said the trial could last up to 60 days. Jury selection begins on Monday.

Precedent-setting case?

The bank could be liable for millions of dollars, said Gary Osen, a lawyer for the plaintiffs. He said this was the first terrorism financing case against a bank to go to trial in the United States.

The trial could be a guidepost for the other plaintiffs in the case, Osen said. Meanwhile, civil terror financing cases are pending against Bank of China Ltd. and Credit Lyonnais SA in Manhattan and Brooklyn federal court.

The plaintiffs' evidence will include bank records and newspaper advertisements showing that Arab Bank maintained accounts for Hamas operatives and processed payments for the families of suicide bombers, Osen said.

Arab Bank’s defense

Arab Bank has said it will argue that of millions of transactions it processed during the period, only four processed in New York involved parties the United States had designated as terrorists, which it reported to U.S. regulators who took no action.

In a statement issued Tuesday, the bank said it “provided routine banking services in compliance with applicable counter terrorism laws and regulations, and had no intention of providing support to Hamas or any other known terrorist organization.”

In 2012, U.S. District Judge Jack Weinstein, in the same Brooklyn federal court, dismissed a similar case against the bank, saying plaintiff Mati Gill could not prove it was responsible for injuries sustained in 2008 from gunshots fired from Gaza into Israel.

Daniel Alonso, a managing director with compliance consulting firm Exiger and former prosecutor, said courts apply strict standards to claims for recovery under the Anti-Terrorism Act.

“It's not enough simply to have failed in your controls,” said Alonso. “The defendant must have caused injury to the victims through their actions.”

The case is Linde et al. v. Arab Bank, U.S. District Court for the Eastern District of New York, No. 04-2799.

You May Like

Video Snowstorm Sweeps Northeastern US

'This is nothing like we feared it would be,' New York City Mayor Bill de Blasio says; he had warned storm could be one of worst in city history More

Millions of Displaced Nigerians Struggle With Daily Existence

Government acknowledges over a million people displaced in 2014 due to fight against Boko Haram insurgency More

Facebook: Internal Error to Blame for Outages

Temporary outage appeared to spill over and temporarily slow or block traffic to other major Internet sites More

This forum has been closed.
Comment Sorting
Comments
     
by: Lawrence Bush from: Houston, Texas
August 09, 2014 1:59 PM
The trial endeavor on our behalf relating the Arab bank is certainly legitimate. The Hamas funding related financial organization should have taken under our federal laws much before.......... It's for funding funding the Hamas, even for its suicide bombers......... it's unbelievable. While our govt. along with our friendly states do move fighting world terror in the Afro-Asian states, the bank accounts of all the terror organizations should be annuled worldwide. Awesome experiences have been, as per our intelligence reports on the very fundings and the arms supplies to the various terror organizations in this world. What'er our Snowden's whistle-blowing activities, our intelligence agencies like CIA and NSA should act globally furnishing strategic secrets to our president and govt. as necessary steps can be taken to countering world terror, their funding channels as well as the arms supplies for making mankind safer.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Obama Urges Closer Economic Ties During Historic India Visiti
X
Aru Pande
January 26, 2015 9:33 PM
U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video Obama Urges Closer Economic Ties During Historic India Visit

U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video US, EU Threaten New Russia Sanctions Over Ukraine

U.S. President Barack Obama has blamed Russia for an attack by Ukrainian separatists that left dozens dead in the port of Mariupol and cast further doubt on the viability of last year’s cease-fire with the Kyiv government. VOA’s Michael Bowman reports from Washington.
Video

Video White House Grapples With Yemen Counterterrorism Strategy

Reports say the U.S. has carried out a drone strike on suspected militants in Yemen, the first after President Barack Obama offered reassurances the U.S. is continuing its counterterrorism operations in the country. The future of those operations has been in question following the collapse last week of Yemen’s government. VOA White House correspondent Luis Ramirez reports.
Video

Video Kerry Warns Against Violence in Nigeria Election

US Secretary of State John Kerry visited Nigeria Sunday in a show of the level of concern within the U.S. and the international community over next month’s presidential election. Chris Stein reports.
Video

Video Zoo Animals Show Their Artistic Sides

The pursuit of happiness is so important, America's founding fathers put it in the Declaration of Independence. Any zookeeper will tell you animals need enrichment, just like humans do. So painting, and even music, are part of the Smithsonian National Zoo's program to keep the animals happy. VOA’s June Soh met some animal artists at the zoo in Washington. Faith Lapidus narrates.
Video

Video Worldwide Photo Workshops Empower Youth

Last September, 20 young adults from South Sudan took part in a National Geographic Photo Camp. They are among hundreds of students from around the world who have learned how to use a camera to tell the stories of the people in their communities through the powerful medium of photography. Three camp participants talked about their experiences recently on a visit to Washington. VOA’s Julie Taboh reports.
Video

Video Saudi, Yemen Developments Are Sudden Complications for Obama

The death of Saudi Arabia's King Abdullah and the collapse of Yemen’s government have cast further uncertainty on U.S. efforts to fight militants in the Middle East and also contain Iran’s influence in the region. VOA White House correspondent Luis Ramirez reports on the new complications facing the Obama administration and its Middle East policy.
Video

Video Progress, Some Areas of Disagreement in Cuba Talks

U.S. and Cuban officials are reporting progress from initial talks in Havana on re-establishing diplomatic ties. U.S. Assistant Secretary of State (for Western Hemisphere Affairs) Roberta Jacobson said while there was agreement on a broad range of issues, there also are some “profound disagreements” between Washington and Havana. VOA State Department correspondent Pam Dockins has the story.
Video

Video US, Japan Offer Lessons as Eurozone Launches Huge Stimulus

The Euro currency has fallen sharply after the European Central Bank announced a bigger-than-expected $67 billion-a-month quantitative easing program Thursday - commonly seen as a form of printing new money. Henry Ridgwell reports for VOA from London on whether the move might rescue the eurozone economy -- and what lessons have been learned from similar programs around the world.
Video

Video Nigerian Elections Pose Concern of Potential Conflict in 'Middle Belt'

Nigeria’s north-central state of Kaduna has long been the site of fighting between Muslims and Christians as well as between people of different ethnic groups. As the February elections approach, community and religious leaders are making plans they hope will keep the streets calm after results are announced. Chris Stein reports from the state capital, Kaduna.
Video

Video As Viewership Drops, Obama Puts His Message on YouTube

Ratings reports show President Obama’s State of the Union address this week drew the lowest number of viewers for this annual speech in 15 years. White House officials anticipated this, and the president has decided to take a non-traditional approach to getting his message out. VOA White House correspondent Luis Ramirez reports.
Video

Video S. Korean Businesses Want to End Trade Restrictions With North

Business leaders in South Korea are calling for President Park Geun-hye to ease trade restrictions with North Korea that were put in place in 2010 after the sinking of a South Korean warship.Pro-business groups argue that expanding trade and investment is not only good for business, it is also good for long-term regional peace and security. VOA’s Brian Padden reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid