(ANSAmed) - AMMAN, DECEMBER 10 - The Arab Bank Plc on
Thursday welcomed a ruling by an appeals judge in New York who
denied to thousands of American citizens the right to seek
damages from the Amman-based bank over funding it allegedly
provided to Palestinian groups that have carried out attacks in
Israel and the Palestinian Territories. In a statement sent to
ANSA, the bank said it had always operated respecting the laws
and the screeningduties in carrying out its work.
Thousands of American citizens files lawsuits against the Arab Bank, claiming damages in 24 attacks in Israel and the Palestinian Territories since the start of 2000.
The bank, in particular, was accused of supporting Hamas financially through aid provided to charities linked to the Palestinian group. According to the Arab Bank, the appeals court ruling, which upheld a 2013 verdict issued by a court of first instance, will block 6,000 lawsuits. (ANSAmed)
Thousands of American citizens files lawsuits against the Arab Bank, claiming damages in 24 attacks in Israel and the Palestinian Territories since the start of 2000.
The bank, in particular, was accused of supporting Hamas financially through aid provided to charities linked to the Palestinian group. According to the Arab Bank, the appeals court ruling, which upheld a 2013 verdict issued by a court of first instance, will block 6,000 lawsuits. (ANSAmed)
