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New York, NY - Terrorism Victims File $650 Million Lawsuit Against 2 Banks |
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New York, NY - A group of Americans, Canadians and Israelis who claim Hezbollah rocket attacks injured them and killed relatives have accused two banks of helping finance the terrorist attacks and have sued them for $650 million.
The 85 plaintiffs say in court papers the American Express Bank Ltd. of New York and the Lebanese-Canadian Bank SAL of Beirut unlawfully transferred millions of dollars for Hezbollah between 2004 and 2006.
The papers, filed in Manhattan's state Supreme Court, say Hezbollah used the money to finance the launch of thousands of rockets against several northern Israeli cities, including Haifa, from July 12 to Aug. 14, 2006.
The plaintiffs' lawyer, Nitsana Darshan-Leitner, said the youngest of the victims is now 3 and the oldest is 88. She said that besides two who were killed, another was left paralyzed from the waist down for life and others also suffered serious injuries or severe emotional trauma.
The claims are based partly on New York state Banking Department findings last year that AMEX Bank failed to establish state and federally required safeguards to prevent money transfers to terrorists, Darshan-Leitner said.
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Read Comments (2) — Post Yours »
1
Jul 15, 2008 at 01:28 AM Drill Here!! Drill Now!! Pay Less!!!! Says:
Maybe just maybe the more people that sue the banks for their (albeit minimal) involvment, the more the banks wont want to do business with these animals!??!
2
Jul 15, 2008 at 12:10 PM Anonymous Says:
As the saying goes "Money Is The Root of All Evil" Lets hit them where it counts.
Even though this won't bring back to life all the loved ones they murdered and maimed.