“Jordanian bank faces Hamas funding claims in NY trial,” by Camilla Hall, Financial Times, August 10, 2014:
A landmark terror financing trial is set to begin in New York on Monday as Jordan’s Arab Bank is pitted against the families and victims of attacks allegedly carried out by Hamas between 2001 and 2004.
Barring a last-minute settlement, both sides will convene at a Brooklyn court in front of US District Judge Brian Cogan as the jury is selected for a rare civil terror financing trial against a bank in the US.
The trial dates back to allegations made a decade ago by a group of families and victims under the Anti-Terrorism Act that Arab Bank should be held liable for death and injuries resulting from 24 attacks by Hamas and other Palestinian groups.
“The kind of funding we’re talking about requires formal bank channels. It can’t be distributed in a suitcase,” Gary Osen, a lawyer representing the almost 300 plaintiffs, told the Financial Times….
Read the rest here.