Victim of terrorist act? Follow the money.

Posted on May 13, 2008 
Filed Under Israel, News, Terrorism

And you’ll get to surprising, or maybe not so surprising sources.

NEW YORK - Several American victims of terrorist attacks in Israel are demanding more than $500 million in compensation from a Swiss bank.

The plaintiffs in a federal lawsuit say that UBS AG provided cash to Iran that made it possible for the country to fund terrorism. The lawsuit says UBS knew the money would be used to carry out terrorist attacks.

UBS did not immediately respond to a call seeking comment.

The lawsuit was filed Friday in federal court in Manhattan. It notes that the Federal Reserve fined UBS $100 million in 2004 for violating trade sanctions by sending dollars to Iran and other countries.

 

 

 

Leopard doesn’t change its spots, does it? During the WW2 Swiss bankers cooperated with the German Nazis, now with the Iranian Islamonazis…and after all this, Switzerland is offended for not being invited for Israel’s 60th anniversary celebrations.

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