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Keyword: israelawcenter

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  • Lawsuit alleging Bank of China laundered terrorists' money moves forward

    03/22/2012 1:36:22 AM PDT · by ilcenter · 8 replies
    Fox News ^ | March 21, 2012 | Leland Vittert
    The Bank of China knowingly laundered money for various Islamic militant groups so they could get around transaction restrictions because of their label as a "terrorist organization" by the U.S. government, a lawsuit by Israeli victims of suicide bombings claims. Recent court decisions in the United States say the lawsuits can go forward against the Chinese bank. Fox News has learned that Israeli intelligence officials warned the Chinese government that Iran was using Bank of China to finance its militant networks, including providing account numbers and transaction details, only to have the Chinese turn a blind eye as the money...