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With High Court Rejection, Arab Bank Faces Stiff Fight in Terror Client Case
By Colby Adams
printThe top U.S. court Monday rejected a petition by Arab Bank seeking to shield it from potential penalties for not turning over records to plaintiffs claiming the institution had terrorist clients. In a petition for a writ of certiorari to the U.S. Supreme Court, the Jordanian bank said it could not produce the records in response to a civil lawsuit because doing so would criminally violate financial privacy laws. A federal district court had ruled that a jury could infer from the bank's withholding of documents that it provided financial services to terrorist groups. The contested records include spreadsheets purportedly...
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