Arab Bank Found Liable for Hamas Terrorist Attacks
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Arab Bank Plc, Jordan’s biggest lender, helped Hamas militants carry out a wave of violence in Israel that killed and wounded hundreds of Americans, a New York jury decided in the first trial of its kind in the U.S.
The Amman-based lender was found liable for doing business with more than 150 Hamas leaders and operatives in the early 2000s, helping finance about two dozen deadly suicide bombings, including attacks on crowded restaurants and buses in Tel Aviv and Jerusalem, jurors decided yesterday in federal court in Brooklyn, New York. Shares dropped as much as 6.8 percent, the biggest decline in more than a month, before closing at 7.60 dinars, down 1.9 percent in Amman trading.