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Tuesday, September 23, 2014

Breaking: Arab Bank found guilty of terror funding

Great news coming out of New York: The Arab Bank has been found guilty of terror funding.

A U.S. jury said on Monday Arab Bank Plc provided material support to Hamas, and must therefore compensate the victims of two dozen attacks the Islamic militant group allegedly carried out in Israel and the Palestinian territories.
Jurors needed less than two days to deliberate, following a six-week trial in Brooklyn federal court that lawyers described as the first terrorism financing civil case to reach trial in the United States.

Nearly 300 Americans who were either victims or related to victims of the attacks had sued Arab Bank in 2004, accusing it of violating the Anti-Terrorism Act, which lets victims of U.S.-designated foreign terrorist organizations seek damages. A trial on damages will be scheduled for a later date.
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