Since 2004, the Government of the Hashemite Kingdom of Jordan, represented by the Central Bank of Jordan, has been closely following the developments in the case filed in New York against the Arab Bank (Linde, et al.v.Arab BankPlc), offering its …
Posts Tagged: Sanctions
Arab Bank Statement on Verdict in Linde v. Arab Bank, PLC
September 22, 2014 – Arab Bank released the following statement in response to today’s verdict by the jury in Linde v. Arab Bank, PLC finding the Bank liable for plaintiffs’ injuries.
“Arab Bank predicted that any proceeding conducted under the …
Arab Bank’s Disputed Transfers Also Routed Through New York Banks
Forbes
September 16, 2014
Dan Fisher
Many of the money transfers at the heart of a precedent-setting lawsuit against Arab Bank over terrorist financing also passed through banks like Citibank, Bank of New York and JP Morgan Chase, the deputy …