The
article below is
based on NBC TV's May 2005 investigation of the involvement of Arab
Bank in the funding and support of acts of murder and terror,
including the murder of
Malka Chana Roth and
fourteen other innocent people in the Sbarro restaurant massacre,
9th August 2001.
AMMAN,
Jordan - August 2001: A suicide bomber hits the Sbarro pizza parlor
in Jerusalem, killing 15 people, including an American — Shoshana
Greenbaum, a pregnant schoolteacher. The Palestinian bomber's name
was Izz Ad-Din Al-Masri. His parents told NBC News that soon after
the bombing a group that helps families of suicide bombers told them
they'd be compensated for their son's "sacrifice."
"They told me to go to the Arab Bank and open an
account, and you will receive a salary," says the bomber's father,
Shuhail Ahmed Al-Masri. He says almost immediately, he began
receiving $140 a month. And after the Israelis leveled his house, he
says he was told to go to the bank and pick up more money — $6,000.
Al-Masri's father says he was told to open an account
at the Arab Bank branch in the West Bank settlement of Jenin. There,
he says he's received money almost every month for the last three
years. The branch, plastered with posters eulogizing suicide
bombers, isn't the only one allegedly paying bombers' families. An
ad in a Palestinian newspaper told dozens of martyrs' families to
pick up money at the nearest branchof the Arab Bank.
"Those types of payments are aiding and abetting
terrorism," says Jimmy Gurule, a former official at the U.S.
Treasury Department who was in charge of cutting off money to
terrorists.
The FBI tells NBC News that it's now conducting a
criminal investigation into the Arab Bank's alleged movement of
funds for suspected terrorists. The investigation was triggered
after U.S. regulators examined Arab Bank operations in New York City
on Madison Avenue. U.S. officials tell NBC News that regulators
found that the bank had 40 to 60 suspected terrorists and groups as
customers. They were allegedly associated with al-Qaida, Hamas and
Hezbollah. Officials say all had accounts with the bank or had moved
money through the New York office.
"I'm not aware of another situation involving a bank
operating in the U.S. that has conducted itself in such a manner,"
says Gurule.
The Arab Bank, headquartered in Jordan, turned down
repeated requests for an interview, so NBC visited bank headquarters
in Amman. And only got as far as the lobby.
Lisa Myers: Does the bank support terrorism?
Omar Al-Sheik, Arab Bank official: Of course not.
Myers: Does the bank believe it's proper to move
money to help terrorists?
Omar Al-Sheik: Of course not.
In a statement, the Arab Bank denies ever knowingly
doing business with terrorists. And officials insist the bank has
never moved money for anyone officially designated a terrorist by
the U.S. government.
However, NBC News provided the bank with documents
showing it dealt with three Hamas terror groups even after they were
blacklisted by the United States. It's against the law for banks in
the United States to handle transactions for terrorists on the
blacklist.
The bank says the three transactions still were legal
because they occurred outside the United States but that in the
future it will honor the U.S. blacklist worldwide.
As for suicide bombers, the Arab Bank strongly denies
ever knowingly handling payments for bombers' families. Their
statement reads, in part: "Arab Bank considers suicide bombings an
abominable human act."
Then what about that ad telling bombers' families to
collect money at the Arab Bank? The bank says it didn't place the
ad.
After NBC News provided account numbers for the Al-Masri
family, the bank froze the account, which the bank claims was opened
before the bombing.
Shoshana Greenbaum's father, who moved to Israel
after her death, is now suing the bank.
"This organization, if allowed to continue with a
mere slap on the wrist, would be sending a message that it's
perfectly all right to support terrorism," says Alan Hayman.
The bank, which Israeli officials call "the Grand
Central Station of terrorist financing," has been forced to shut
down much of its U.S. operation but remains a dominant player in the
Middle East.