Friday, September 12, 2014

Bloomberg News: Palestinian Official Testifies in Defense of Arab Bank


Bloomberg News

Palestinian Official Testifies in Defense of Arab Bank

September 11, 2014
Shukry Bishara, the Palestinian finance minister and a former executive at Arab Bank testifies at trial, questioned by Arab bank attorney Shand Stephens.
 
http://www.businessweek.com/news/2014-09-11/palestinian-official-testifies-in-defense-of-arab-bank

Shukry Bishara, the Palestinian finance minister and a former executive at Arab Bank Plc, told jurors at a U.S. trial that the bank made payments in the Palestinian territories to provide humanitarian relief, not compensate families of suicide bombers.
Bishara, the ex-chief banking officer for the Jordanian lender, testified today in federal court in Brooklyn, New York, in a case brought on behalf of about 300 U.S. citizens who were injured or killed in attacks in and near Israel, or were relatives of victims. The plaintiffs claim the bank helped Hamas by providing financial services and want to hold the institution responsible for the attacks.

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