Relatives of people murdered by jihadists in Israel have filed suit accusing Arab Bank of funding terrorist groups and even paying suicide bombers. From AP, :
The lawsuit, filed Friday in federal court in the Eastern District of New York, claims the bank’s New York branch laundered Saudi aid to terrorists. The branch first converted the money into dollars and then sent it to local branches in the West Bank and Gaza Strip where it was paid out to terrorists and terrorist organizations, the suit alleges.
The bank also worked with Hamas and the Palestinian Islamic Jihad to distribute insurance money to beneficiaries of suicide bombers, including their families and those wounded or captured by Israeli security forces, the lawsuit alleges.