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Lebanese-Canadian Bank sued over bombings

MONTREAL (UPI) -- The Lebanese-Canadian Bank in Montreal was sued for damages Monday by four people injured in Israel by Hezbollah bombings in 2006.

In a news release, lawyers for the four Israeli-Canadians alleged that, since 2004, the bank allowed two groups associated with Hezbollah "to open and maintain accounts and to freely transfer many millions of dollars of Hezbollah funds and to carry out millions of dollars in financial transactions."

All four people were injured by attacks in northern Israel during the summer war.

The groups the lawsuit names are the Yousser Company for Finance and Investment and the Martyrs Foundation, both of which are on the U.S. list of terror organizations, the release said.

The suit is the first civil action brought by Canadian victims of Hezbollah rocket attacks in a Canadian court.

The amount of damages sought wasn't specified.

There was no immediate response from the bank on the announcement.



Copyright 2008 by United Press International

This news arrived on: 07/07/2008
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