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Arab Bank Liable for Terrorist Accounts, Jury Rules
By Colby Adams and Kira Zalan
printIn the first trial of its kind, a federal court said Monday that Arab Bank is liable for deaths caused by Hamas and a Saudi charity that used its accounts to reward terrorism. A jury in the Eastern District of New York ruled in the decade-old case that the Amman-based financial institution should pay the families of individuals killed by Hamas in reparation for providing banking services to the group's leaders and facilitating payments to relatives of suicide bombers. Using Arab Bank accounts, the Saudi Committee in Support of the Intifada Al Quds offered the payments as a reward to...
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