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07-14-2008, 07:34 PM
Canadians among terror victims filing $650-million lawsuit against 2 banks
By Samuel Maull, THE ASSOCIATED PRESS

NEW YORK - A group of Americans, Canadians and Israelis who claim Hezbollah rocket attacks injured them and killed relatives have accused two banks of helping finance the terrorist attacks and have sued them for $650 million.

The 85 plaintiffs say in court papers the American Express Bank Ltd. of New York and the Lebanese-Canadian Bank SAL of Beirut unlawfully transferred millions of dollars for Hezbollah between 2004 and 2006.

The papers, filed Friday in Manhattan's state Supreme Court, say Hezbollah used the money to finance the launch of thousands of rockets against several northern Israeli cities, including Haifa, from July 12 to Aug. 14, 2006.

Story continued... (http://cnews.canoe.ca/CNEWS/Canada/2008/07/14/6156876-ap.html)