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Chinese Bank Faces Lawsuit for Alleged Terrorist Transactions
By Brian Monroe
printOver 100 victims of Israeli terrorist attacks are suing one of China's largest banks for knowingly wiring millions of dollars to two blacklisted terrorist groups, even after Israeli counterterrorism agents commanded the institution to stop. The plaintiffs in the lawsuit, filed Aug. 21 in the Los Angeles Superior Court, allege that the Bank of China transferred money through its Chinese and U.S. branches for leaders of internationally sanctioned terrorist groups Hamas and the Palestinian Islamic Jihad (PIJ) in Iran and Syria. The bank continued the transfers despite Israeli April 2005 warnings to the Chinese Ministry of Public Security and China"s...
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