Families from around the globe have filed suit in Brooklyn federal court “against several banks they say funded terrorism that killed their loved ones,” according to New York Post.
Three separate lawsuits filed Tuesday and Wednesday claim banks from Lebanon and Palestine “maintained accounts for various branches of terrorist organizations” the report added.
The lawsuits, which accuse the banks of “aiding and abetting a terrorist organization, are suing for unspecified damages.”
Also, Hezbollah organization is being sued by a group of 22 U.S. citizens “for damages … during the 2006 Second Lebanon War” according to Jewishpress.
ANALYSIS: Why is sanctioning Iran’s banking sector a top priority?
The site added that at Brooklyn federal court, the group also filed a lawsuit against Bank Saderat and Bank Saderat Iran.
The banks were accused of providing Hezbollah with material support needed to carry out attacks.
It said that Hezbollah and the banks are being sued for a total of $50 million.
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