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Goldstar family accuses major banks of supporting terrorists

Anne Smedinghoff, a diplomat at the US Embassy in Kabul, was escorting Afghan journalists on an outing. Roadside bomb killed her The bomb design relied on fertilizers produced in Pakistan at two factories that regularly supply the nearby Taliban bomb manufacturing business. This is a fact published by the US authorities.

The factories Fatima Fertilizer and Pakarab Fertilizer were not nighttime tissues. Both traded in US dollars through an account at Standard Chartered, a London-based bank.

Currently, a group of nearly 500 people, including Mr. Smedinhof’s family and the families of seriously injured soldiers and civilians in Afghanistan, and the families of the murdered victims, has helped carry out terrorists, some of the world’s largest banks. Is blaming. Their attack. Among the defendants are Deutsche Bank, Standard Chartered Bank and Danske Bank.

Plaintiffs in a proceeding filed in federal court in Brooklyn on Thursday saw 115 Goldstar families (relatives of U.S. military service members killed in the war) and journalists donating books to schools by U.S. authorities. please. They are seeking billions of dollars in damage, and accounts, remittances, and others to companies and individuals who know that banks are supporting terrorist networks that are responsible for hundreds of deadly attacks. Claims to have provided day-to-day services.

The proceedings will be a powerful test of the scope of the Justice Act against terrorist supporters, the 2016 Counterterrorism Act. As a result, terrorist victims and their families are from people, groups, and countries that have provided “direct or indirect material support to foreign organizations or individuals engaged in terrorist activities against the United States.” You can ask for relief.

Victims and their families have previously sued banks under the law, with mixed results. The proceedings filed on Thursday are noteworthy because they take a broad approach. Some of the relationships it cites are not the services offered directly to known terrorists, but the relationships with people and businesses that banks have dealt with attackers.

With this single removal, the bank could claim that even if the customer was dealing with a criminal, the customer was a legitimate business and was not directly related to the bombing described in the proceedings. there is. If successful, the proceedings could open the door to a flood of similar cases.

A representative of Danske Bank did not immediately comment. Representatives of Deutsche Bank and Standard Chartered Bank declined to comment.

The 2016 law was passed to give victims of terrorism more room to sue governments and other groups that they believe supported terrorism. Before it passed, such proceedings could only proceed against entities designated by the US government as national sponsors of terrorism. The law was created to help families of victims of the September 11, 2001 terrorist attacks pursue legal claims against Saudi Arabia, which played a role in supporting architect Osama bin Laden. I did.

Under federal law, it is a criminal matter for banks to deliberately participate in illegal activities such as remittances and the provision of other banking services, but prosecutors raise such cases, especially when related to terrorism. I hesitate to do it. If successful, such cases entail very severe penalties that could drive a bank out of business. Instead, prosecutors have relied on victims and their families to pursue claims in civil courts.

The proceedings make extensive use of publicly reported warnings made by US authorities regarding businesses and people associated with terrorist networks. For example, in 2013, Pentagon official Lieutenant General Michael Barbello met with an executive at Standard Chartered Bank to explain the US government’s efforts to curb the flow of fertilizer to bomb manufacturers. Sunday email Reported in 2019.

Plaintiffs state that banks’ treatment of some of their customers shows that they understand how their services relate to illegal activity. The proceedings allege that Deutsche Bank, for example, charged a higher than usual fee to move money around the world for some customers, including Pakistanis, who the U.S. government flagged as a terrorist money launderer. is doing. In 2016, the government said a man, Altaf Khanani, had money laundered for drug traffickers and other criminal gangs.

Deutsche Bank used a complex series of stock trading in the United States and Russia called Miller Trading. This allowed the transfer of funds around the world on behalf of al-Qaeda and the Taliban. Buzzfeed news Reported last year.

The use of mirror transactions by Deutsche Bank has previously attracted government scrutiny.U.S. state authorities and UK regulators fine banks, and the Justice Department Conducting a criminal investigation..

David Enrich Contribution report.

Goldstar family accuses major banks of supporting terrorists

Source link Goldstar family accuses major banks of supporting terrorists

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