Tags: Arab Bank | terrorist | funding | dollars

Why Doesn't the US Government Stop Terrorist Funding?

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Monday, 25 Aug 2014 08:09 AM Current | Bio | Archive

Arab Bank PLC is accused of funneling millions of dollars to known terrorists and their families in a trial proceeding in Brooklyn federal court.

The case was not brought by the U.S. government. In fact, the government filed an amicus brief supporting the Arab Bank's appeal to the U.S. Supreme Court. Solicitor General Donald Verrilli took the position that the lower court's decision to let the trial continue contained grave errors and undermines important U.S. law enforcement and national security interests.

The State Department's position was that the U.S. relationship with Jordan was more important than mere matters of a bank funding terrorism and the killing of Jews in Israel.

The Supreme Court declined to hear the appeal, which then resulted in this case finally going forward to trial.

Victims and the relatives of victims of the Hamas Intifada terrorists attacks from 10 years ago have battled to finally get their day in court.

The civil lawsuit was brought under the U.S. Anti-Terrorism Act and the Alien Tort Claims Act. It claims the Arab Bank financed Hamas and provided financial support for terrorists who were killed, injured or incarcerated by Israel through a death-dismemberment insurance scheme.
Arab Bank is also accused of demanding that all of its employees donate 5 percent of their salaries to support the Intifada.

Arab Bank has already been sanctioned for failing to provide required discovery. This included documents that were handed over to the U.S. government agencies probing potential terrorist ties. The U.S. government has also refused to provide those documents to the victims.

In response, the court ordered that the jury may infer from the bank's refusal to comply with discovery requests that Arab Bank willfully and knowing provided financial services to foreign terrorist organizations.

Arab Bank attorney Shad Stephens reportedly contends that the bank was in compliance with required anti-terrorism measures in the United States and elsewhere when it processed the funds and the bank did not know it was destined to known terrorists. Trial lawyers call this the Sargent Schultz defense.

The so-called War Against Terrorism has been going on for quite a long time. At the same time the Islamic terrorists seem to be able to transfer millions of U.S. dollars unhampered by any significant interference from the U.S. government.

Every wire transfer in U.S. dollars anywhere in the world goes through the U.S. Federal Reserve. It's all in the Fed's computer system. At the same time, the National Security Agency has the computer capacity to record every conversation, email and text message in the world, but can't trace any dollars that fund Islamic terrorism.

Oil contracts throughout the world are carried out in U.S. dollars. How is it the Islamic State can be selling millions of dollars of oil a month? How can Iran be selling oil? Who is facilitating the transactions, all of which are in U.S. dollars? What happened to the billions of U.S. dollars of cash that the Army seemingly lost in Afghanistan and Iraq? All that cash got deposited someplace by somebody who is then spending it.

Isn't it reasonable to suspect that some Islamic charities in the United States are fronts for financing terrorism and the murdering of U.S. as well as Israeli citizens? Local bankers who are supposed to file Suspicious Activity Reports cannot claim willful blindness as a defense.

With the arsenal of powers Congress has bestowed — intended and unintended — on the various administrative departments and agencies of the government, and military to fight terror, why doesn't the U.S. government stop the funding of U.S. dollars to Islamic terrorists?

Before this next election, ask that question next time you see your Congressman.

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Arab Bank PLC is accused of funneling millions of dollars to known terrorists and their families in a trial proceeding in Brooklyn federal court.
Arab Bank, terrorist, funding, dollars
609
2014-09-25
Monday, 25 Aug 2014 08:09 AM
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