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Victims of attacks in Israel sue Lebanese banks

Victims of bombings and rocket attacks in Israel sued several Lebanese banks on Monday for helping fund Hezbollah militants who the lawsuit said orchestrated the attacks.

  • Reuters
  • Published: 00:39 July 8, 2008
  • Gulf News

New York, US: Victims of bombings and rocket attacks in Israel sued several Lebanese banks on Monday for helping fund Hezbollah militants who the lawsuit said orchestrated the attacks.

The lawsuit seeks damages from the banks for more than 50 Israeli citizens injured or relatives of those killed by missile attacks fired from Lebanon's southern border at Israeli targets during July and August, 2006, the suit said.

It said the banks provided services to the Islamic Resistance Support Organization (Irso), which the lawsuit accused of raising funds for terrorist activities for Hezbollah.

The lawsuit, filed in Manhattan federal court, said the Lebanese banks processed funds and cleared US dollars for the Irso's benefit through the United States.

Through dealing with the Irso, the banks "provided Hezbollah with regular, systematic and unfettered access to US currency, thus enabling Hezbollah to rapidly access funds to purchase missiles and weapons that could terrorize civilians."

Attacks cited in the suit include two from 2006: a July 13 missile attack on the Israeli city of Safed and a July 16 missile that struck the Haifa Train Depot.

The named banks, including Lebanon's Bank of Beirut, Fransabank, BLC Bank, Banque Libano-Francaise, Middle East Africa Bank, violated the Alien Tort Claims Act, the suit said.

It said Fransabank, BLC Bank and the Bank of Beirut also provided services to Lebanon's television network Al Manar.

Representatives for the banks could not be immediately reached for comment.

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