Arab Bank Called Hamas "Paymaster" as Trial Opens in New York

(Reuters) Bernard Vaughan - Arab Bank served as "paymaster" of funds supporting Hamas, lawyers for a group of Americans suing the bank for compensation stemming from attacks by the Palestinian militant group told a jury on Thursday as a long-anticipated civil trial got under way. In U.S. federal court in Brooklyn, lawyers for the plaintiffs said the Amman, Jordan-based bank provided "extensive and substantial" material support to Hamas. Close to 300 U.S. citizens who were the victims or the family members of victims of 24 attacks carried out by Hamas in Israel and the Palestinian territories between 2001 and 2004 sued the bank in 2004. They accuse Arab Bank of violating the U.S. Anti-Terrorism Act, which allows victims of U.S.-designated foreign terrorist organizations to seek compensation.

2014-08-15 00:00:00

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