Settlement comes after U.S. jury ruled the Arab Bank guilty after transferring $70 million to Saudi terror entity and must compensate families of victims of multiple Palestinian terror attacks.
By i24news
Arab Bank has reached a settlement with hundreds of US victims of attacks in Israel and the Palestinian territories who filed a lawsuit accusing the bank of supporting terrorism.
Aftermath of Jerusalem bus bombing – Photo: Wikipedia
A spokesperson for the bank confirmed to AFP that an agreement had been reached, but provided no details of the settlement. The amount of the settlement was not immediately revealed.
One of the lawyers for the plaintiffs said the Bank would make a statement and declined to comment. Continue Reading »