Arab Bank channels Saudi millions to suicide bombers their families

     United States investigators have uncovered evidence that the Arab Bank, one of the largest in the Middle East, has channeled tens of millions of dollars from wealthy Saudi Arabians to Palestinian groups that finance suicide bombers and their families. This is reported by the Los Angeles Times, which said the information was revealed by the U.S. government and lawyers suing the bank. The Arab Bank is being sued in federal court by Americans and Israelis wounded in suicide bombings. The LA Times says the lawyers suing the bank accuse it of facilitating acts of terrorism by providing accounts and other financial services to Hamas and Islamic Jihad.Arab Bank channels Saudi millions to suicide bombers & their families."The Justice Department is conducting a criminal investigation into the New York branch of Arab Bank, which is based in Jordan, and its financial links to organizations and individuals accused of terrorism, according to three former U.S. counter-terrorism officials. In 2005, the bank agreed to pay the federal government $24 million in fines for violating U.S. laws aimed at preventing terrorist financing, including failing to report suspicious transactions."(10,29)