Arab Bank fails to void U.S. liability verdict over Hamas attacks
Source: Reuters/ Yahoo! News
NEW YORK (Reuters) - A U.S. judge on Wednesday rejected Arab Bank Plc's bid to overturn a jury verdict finding it liable for knowingly supporting terrorism efforts related to a series of attacks in the Middle East.
The Jordan-based bank had been accused by victims of 24 attacks in and around Israel in the early 2000s of handling transactions for Hamas, which the plaintiffs said carried out the attacks, and routing money to charities that supported Hamas or families of suicide bombers.
U.S. District Judge Brian Cogan in Brooklyn, New York found "ample" evidence for jurors to conclude last Sept. 22 that Arab Bank knowingly provided services directly to senior Hamas officials such as Osama Hamdan, a well-known spokesman who often appeared on television to claim responsibility for Hamas for attacks.
Read more: http://news.yahoo.com/arab-bank-loses-bid-avoid-liability-hamas-attacks-161748862--sector.html
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