Thursday, December 13, 2007

More "Pay-As-You-Go Zionism"?

Remember my idea about "Pay-As-You-Go-Zionism"?

Well, never say "never". Here's a new version:-

Two Israeli Banks Accused of Sending Millions of Dollars to Hamas Entities

Two of Israel’s biggest banks are mired in a court battle over allegations that they conducted transactions that ultimately benefited Hamas and its affiliates.

Bank Hapoalim and Israel Discount Bank are facing charges in New York federal court that they violated American anti-terrorism finance laws by allegedly serving as a conduit for Hamas. The accusations come from the Arab Bank of Jordan, which was first accused of similar charges and is now striking back by throwing the charges at the Israeli banks.

The Israeli banks “initiated or substantially participated in many of the very same acts and transactions complained of by the plaintiffs and had at least equal if not greater opportunity than Arab Bank to know of the alleged wrongful nature of such acts and transactions,” the Arab Bank said in its complaint.

Great. First, we shoot ourselves in the foot and then we pay them for the dubious pleasure.

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