Terror victims sue Chinese bank

From the Associated Press

More than 100 victims of terrorism in Israel filed a lawsuit Thursday against China’s largest bank demanding the institution stop transferring money to terrorist groups.

The lawsuit, filed in Los Angeles County Superior Court, alleges that Bank of China Ltd. transferred millions of dollars to Hamas and the Palestine Islamic Jihad, ignoring demands by Israeli counter-terrorism officials to halt the practice.

The bank “knowingly assisted Hamas and the Islamic Jihad to carry out terrorist attacks” and did so through the bank’s U.S. branches, even though such transfers are against American law, said an attorney representing the plaintiffs. The suit alleges the money helped fund attacks between 2004 and 2007.