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Arab Bank Is Sued in Attacks

Lawyers for victims of attacks by Palestinian militant groups filed suit Tuesday against a prominent Middle Eastern bank, saying it helped funnel money to Palestinian suicide bombers and should be forced to pay damages. The suit against Arab Bank was filed in federal district court in Brooklyn, N.Y....A spokesman for Arab Bank, the largest and oldest private-sector banking network in the Middle East, denied the allegations. "Arab Bank asserts unequivocally, and above all else, that it deplores and condemns terrorism in all its forms, and is saddened by the consequences of it," said Kevin Walsh, a lawyer with Winston & Strawn of Chicago. "The accusations being brought against the bank, as we understand them, are entirely false."...The suit is based on the Alien Tort Claims Act of 1789...

Part of the following stories

Arab Bank sued in USA for allegedly helping funnel money to Palestinian suicide bombers - bank denies allegations

Arab Bank lawsuit (re terrorist attacks in Israel)