The WSJ reports that Jordan is stepping up efforts to shield its biggest bank from several
lawsuits in New York that claim it helped fund terrorist operations,
cases that are stirring tensions between the U.S. and one of its closest
Middle East allies. A set of related U.S. civil suits filed in federal district court in Brooklyn, N.Y., against Arab Bank PLC allege the bank knowingly routed compensation payments from Saudi donors to suicide bombers’ families. The suits’ plaintiffs also allege the bank helped finance groups such as Hamas and Palestinian Islamic Jihad, the U.S. considers terrorist organizations. Arab Bank denies the charges.
Filed under: Financing of terrorism |