Jordan’s Arab Bank could face trial over terror claims

US judge throws out request to dismiss case relating to funding of terrorist organisations

(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Arab Bank could face trial in a lawsuit filed by terrorism victims who accuse the Jordanian lender of financing attacks in Israel.

The Amman-based bank, the largest in Jordan, on Wednesday saw New York US District Judge Nina Gershon dismiss Arab Bank’s request to dismiss the case, according to Bloomberg.

The lawsuit claims that Arab Bank between 1995 and 2004 “knowingly and purposefully supported” foreign terrorist groups by providing funding, including payments to families of Palestinian suicide bombers. Arab Bank denies any wrongdoing.

One plaintiff in the case, Courtney Linde, saw her husband killed in 2003 while protecting diplomats in the Gaza Strip. The charges were filed under the US Anti-Terrorism Act.

The trial could take place in September or October and would cover claims brought nearly 300 people, including victims of 24 attacks and family members.

A spokesman for Arab Bank, Bob Chlopak of Chlopak Leonard Schechter & Associates in Washington, said that the judge’s ruling “is only a preliminary ruling allowing the case to proceed to trial by a jury”.

“The bank remains confident that the extensive evidentiary record will demonstrate at trial that the transactions at issue were routine and lawful, and the bank did not knowingly or proximately cause the acts of terrorism at issue in these cases,” he added.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
If Saudi future's so bright, why can't these banks find buyers?

If Saudi future's so bright, why can't these banks find buyers?

No big-name global banks eager to buy stakes in Saudi banks,...

GCC economies must live up to their potential to thrive: PwC chairman

GCC economies must live up to their potential to thrive: PwC chairman

No matter how much revenue VAT generates, it does not negate...

Analysis: Winning the battle against the Gulf's dirty laundry

Analysis: Winning the battle against the Gulf's dirty laundry

With its strategic trading position, it is little surprise the...

1
Most Discussed
sponsoredTracking