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US Veterans Sue Banks for Aiding & Abetting State Sponsors of Islamic Terrorism

by
February 28, 2021
in News
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Happy Veterans Day! This is what our veterans do. When they aren’t on the battlefield, they are still in the fight at home and abroad. In a recently filed lawsuit, dozens of wounded veterans are taking on banksters who have been aiding and abetting State Sponsors of Islamic terrorism that has resulted in the murder of hundreds, if not thousands of Americans.

The country of Iran is the primary recipient of funds from banks that should have nearly an impossible ability for them to help finance. Yet, this seems to be what is taking place, according to the lawsuit.

The lawsuit, filed by more than 200 plaintiffs, including family members of veterans killed in Islamic attacks. The banks they are going after are HSBC Bank USA, Barclays, London’s Standard Chartered Bank, the Royal Bank of Scotland, Credit Suisse, and London-based Bank Saderat.

The suit, filed by New Jersey’s Osen & Associates law firm, alleges that the banks sought to fly under the radar of US sanctions and provide “material support” to Islamic terrorist groups, including Hezbollah, which the suit cites as “Iran’s terror proxy.”

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The plaintiffs have argued, “Defendants’ unlawful conduct was purposefully directed at the United States, and the conspiracy was specifically designed to effectuate the flow of billions of U.S. dollars through the United States in violation of U.S. laws, and in fact resulted in hundreds of billions of dollars illegally passing through the United States.”

The lawsuit details a variety of Islamic terror attacks in Iraq between 2004 and 2007, which were financed by Iran. These attacks resulted in either injury or death to those listed in the complaint or their family members. Seventy Islamic attacks resulting in injuries or deaths are listed in the complaint.

The financing, according to the suit, came from the named banks and thus claims that they were complicit in the attacks and claims that the banks were “knowingly” a part of Iran’s attempts to make an end run around sanctions of the international community.

Adam Kredo reports at the Washington Free Beacon:

The banks “agreed to alter, falsify, or omit information from payment messages that involved Iran or Iranian parties,” including Iranian banks, the lawsuit claims. “Each of the defendants knowingly entered into an agreement with Iran and its agents.”

The banks engaged in this behavior for “the express purpose of concealing” Iran and its financial institutions from scrutiny by U.S. authorities, according to the suit.

This activity began around 1987 and “continues to the present,” despite ongoing sanctions against Iran, the suit alleges.

In September, terrorism victims won a landmark case against Arab Bank.

It has been previously reported, the case has been made that Iran was involved in the 9/11 attacks, alongside Saudi Arabia. Yet, we have continued to do business with the Saudis while placing sanctions on Iran. Additionally, our own government knows that there are illegal Iranians in the United States working for defense contractors and they do nothing to remove them. Meanwhile, the federal government treats its people like children by withholding 28 pages of the 9/11 report from public scrutiny.

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About Freedom Outpost

The content of this site has been restored on a non-profit basis to preserve knowledge and serve as a historical archive. All articles were originally published on freedomoutpost.com and belong to their respective authors.

Freedom Outpost was an independent journal published to cover vital public policy issues and offer a public service.

© INVESTOR TIMES