U.S. Jury Holds Arab Bank Liable for Serving Hamas
The Jerusalem Post reports:
In a historic verdict, an 11 member jury on Monday found Arab Bank liable for knowingly providing financial services to Hamas - the first time a financial institution has ever been held civilly liable for supporting terrorism.
The Arab Bank trial took place in a federal court in Brooklyn for the last five weeks and revisited some of Hamas' worst terror attacks, including the August 2001 Sbarro suicide bombing in Jerusalem killing or wounding 130 and a range of 24 horrid terror attacks during the Second Intifada.
The verdict was 10 years in the making, and still may be subject to Supreme Court review.
The central question was whether the 11 member jury would find that Arab Bank knew or should have known that its account holders were using it to transfer "blood money" to Hamas for terror operations - or whether it checked for suspicious transactions as best it could, and simply imperfectly missed them.
On Thursday, during closing arguments, Plaintiffs’ attorney C. Tab Turner told the jury they were in a very special situation: “a situation that no jury in the history of this country has ever been in."
He continued, "Never has anyone sat on a case of finance terrorism, with issues like you have to decide in this case."
“You have more power today to change the way that this world operates, the world of banking operates, than anyone else on the face of the earth,” said Turner.
Gary M. Osen, another plaintiffs' attorney responded, saying, "The jury has found Arab Bank responsible for knowingly supporting terrorism. It found Arab Bank complicit in the deaths and grievous injuries inflicted on dozens of Americans."
According to an unclassified U.S. State Department memorandum released after the jury began deliberations, “In 2003, the United States provided evidence to Saudi authorities that the Saudi al Quds Intifadah Committee (“Committee”) founded in October 2000, was forwarding millions of dollars in funds to the families of Palestinians engaged in terrorist activities, including those of suicide bombers.”
“The timing of the State Department’s disclosure raises deeply troubling questions,” said Plaintiffs’ trial counsel Michael Elsner, who requested the records. “Obviously, the jury reached the same conclusion about the Saudi payments in finding Arab Bank guilty for its support of Hamas, but this last minute disclosure of this evidence six years after we requested it and hours after the jury began its deliberations is telling."
"We don’t expect the State Department to take sides in a civil case, but by withholding critical evidence until the jury began its deliberations, the State Department continues its unfortunate pattern of siding with foreign interests against American victims of terrorism," said Elsner.