Sign up now to receive our regular news briefs.

Israeli Mercaz HaRav Massacre Victims Sue Bank of China for $1 Billion in NY

October 23, 2012 1:07 pm 8 comments

The Mercaz HaRav yeshiva was the scene of a grisly massacre in 2008. Photo: Wikipedia.

The families of Israeli high school students murdered in a 2008 terror attack, filed a  billion dollar lawsuit today against the Bank of China in a New York court.

The lawsuit claims the bank provided Hamas, who was responsible for the terror attack, banking services at their New York branch.

A press release on the website of  Shurat Hadin, the Israeli law center representing the plaintiffs, states that the lawsuit  “is on behalf of five families who lost loved ones in the shooting attack. The suit, Rot v. Bank of China, seeks compensatory and punitive damages for the victims.”

The plaintiffs allege that starting in 2003, the national Chinese bank executed dozens of wire transfers for Hamas totaling several million dollars. The transfers were initiated by the Hamas leadership in Iran and Syria, processed through BOC branches in the United States and sent on to a BOC account in China operated by a senior terror operative. The funds were then transferred to Hamas and other terror groups in the Gaza Strip and West Bank. In April 2005, Israeli counter-terrorism officers met with officials from China’s Central Bank. The Israelis demanded that the Chinese officials take action to prevent the BOC from further wire transfers. The Chinese officials ignored the request.

In a conversation with The Algemeiner Ms. Darshan-Leitner, the attorney for the victims’ families said the next step would be to await a response from China. “We are waiting to see whether they take responsibility and pay the compensation to the victims’ families.” She continued “A trial would be very damning because the evidence we have showing that millions of dollars were sent through a bank account and they knew where it was coming from and where it was going is very damning. They could lose their license to operate in New York because no bank convicted of terror financing will be allowed to do business in New York anymore.”

As for whether or not the case may deter future financial institutions from committing the same errors as The Bank of China, Ms. Darshan-Leitner  says the evidence is pretty clear: “We know several banks are taking steps to make sure their money is terror-free because they don’t want to be liable, they don’t want to face civil lawsuits for hundreds of millions of dollars.”

The attack took place on March 6, 2008 at the Mercaz Harav Yeshiva and left 8 students dead.

The Shurat Hadin Law Center has a history of representing terror victims in court. They claim to have succeeded in winning more than $1 billion in judgement, and successfully collecting $120 million of that for their clients.

Bank of China representatives in New York could not immediately be reached for comment by The Algemeiner.

8 Comments

  • This week, the conference of presidents of North American Jewish Organizations is dispatching a solidarity mission to Israel.

    The time has come to suggest vital stops on the itinerary of the delegation, which generally are not on your radar.

    60 American citizens who live in Israel and whose loved ones were murdered by Arab terrorists brought suit against the US State Department. Why? The US Government is obligated, by law, to investigate every case where an American is murdered abroad.

    and because the US government has refused to prosecute Arab terrorists who have murdered US citizens who live in Israel – despite the fact that the US Justice Department has seen to it that murderers of Americans have been prosecuted all over the world.

    It is not that the US hasn’t conducted a long process of inquiry

    In that context, the US Justice Department and the FBI did dispatch a high level delegation to Israel to interview American citizens whose loved ones were murdered by Arab terrorists.

    US officials interviewed mothers and fathers whose children had been blown to bits.

    US officials interviewed children whose parents had been butchered in front of their eyes.

    US Officials interviewed widows and widowers .whose spouses had been murdered in the most heinous of circumstances.

    And, to top if off, US Officials viewed films of Hamas convicts interviewed by the Center for Near East Policy Research, where these killers of US citizens expressed pride – and no regret – in their vile deeds, because, as the killers said, their victims were Jews.

    The question remains: where are we US Jews in all of this equation? Is this not the time for Americans, as Americans and as Jews, to stand up for the enforcement of the law?

    The specific request that I make of Malcolm Hoenlein, the executive Vice Chairman of the Conference of Presidents delegation is that Conference of Presidents will meet with representatives of American families whose loved ones were murdered by Arab terrorists, and that the conference stand firmly behind the enforcement of American law, when it comes to prosecution of those who have murdered American citizens in Israel. RABBI DR. BERNHARD ROSENBERG, PRESIDENT ISRAEL ADVOCACY TASK FORCE

  • wish you luck

  • I know of the outstanding work Shurat HaDin does, and it is indeed a smart way to combat terrorism. That the Chinese engage in money transfer of this sort, do not surprise me. The whole of their communistic mindset is an antithesis to humane conduct. Do sue the involved banks, and sue them hard.

  • bs”d

    Yasher Koach to Shurat HaDin and Algemeiner for posting this news item! In any case, I thought you might be interested to know that the boys were not from Mercaz Harav. Their high school was located in the Mercaz Harav complex but the actual Yeshiva is Yashlatz. Here is a letter I received from Yaakov Cohney, communications director following the massacre.

    We have finally posted an edited version of the interview (with english subtitles) on the web. Part1 includes a brief background on the pigua and a rare opportunity to watch a true leader in action as he comforts his stunned students.

    part1: http://www.youtube.com/watch?v=EIqY7kD4vbI
    part2: http://www.youtube.com/watch?v=gwd8p5fq-I4&feature=channel_page

    May we only share smachot.

    Kol Tuv,
    Yaakov Cohney
    Communications Director
    Yeshivat Yerushalim LeTze’irim (Yashlatz)
    050-833-1309 (israel)
    646-810-8743 (us line)
    ycohney@yashlatz.com

  • Eradicating evil the smart way. I do agree that 1 billion is pocket change for China- I wish they could be sued for all that they have!

  • i billion is not enough. it cant bring back the deceaced. so china must feel it in the pocket. one billion is pocket change. chaim.

    • Denis MacEoin

      Chaim, You are right that no amount of money will bring back the dead. However, the litigants need to take care. In the real world, one billion dollars is a substantial amount of money. If the litigants were to demand several billions, it would look bad for them and Jews in general. Anti-Semites would use it to protest that the families have only gone to court in order to enrich themselves. Stinging the bank for a billion would make their point without leaving them to look vindictive.

      • Robert M. S. Schwartz

        It already looks bad, given that more and more Jewish companies and families attempt to enrich themselves by trading in court lost lives for money they never deserved and never will deserve.
        God should damn all those who make money with their relatives’ tragedies.

Leave a Reply

Please note: comments may be published in the Algemeiner print edition.


Current day month ye@r *

More...

  • Theater US & Canada Seth Rogen Unveils New Christmas Movie — ‘Will Open on Thanksgiving, Made by Jews’ (VIDEO)

    Seth Rogen Unveils New Christmas Movie — ‘Will Open on Thanksgiving, Made by Jews’ (VIDEO)

    Famed actor Seth Rogen on Tuesday unveiled with typical comic fanfare the trailer for his new Christmas film. The movie “was made by Jews… and opens on Thanksgiving,” Rogen pointed out on Twitter. The Night Before tells the tale of three “ride or die homies” celebrating one last debauchery-filled Christmas Eve reunion before they become too busy to keep up their annual tradition. In an effort to make the night as memorable as possible, they set out to find the “Nutcracka Ball – the […]

    Read more →
  • Arts and Culture Jewish History Art Can Inspire Faith; It Can Also Empower Destructive Ideologies

    Art Can Inspire Faith; It Can Also Empower Destructive Ideologies

    A June 2015 art exhibit, “The Transformative Power of Art,” at the United Nations headquarters in New York City, harnessed the universal language of art to convey an important message: “Our fragile Mother Earth faces the devastating consequences of climate change, a defining challenge of our time.” The exhibit also included sixteen portraits of people from all over the world who have “contributed to the common good of humanity in one way or another and have transformed the way we […]

    Read more →
  • Israel Sports Israeli Muslim Cage Fighter Says He’s Proud to Fight Under Jewish State’s Flag

    Israeli Muslim Cage Fighter Says He’s Proud to Fight Under Jewish State’s Flag

    A 32-year-old Circassian Israeli Muslim Mixed Martial Arts fighter from Abu Ghosh says he takes pride in fighting under the Israeli flag, Israel’s Walla reported on Sunday. Like most Circassian Israelis, Jackie “the Punishment” Gosh was born Sunni Muslim. He became observant about eight years ago, and is now scrupulous in following his religion’s tenets, praying five times a day and fasting during the holy month of Ramadan. Gosh is also very proud of his Israeli nationality, and sees no contradiction between […]

    Read more →
  • Israel Music New Mark Skinner Documentary Explores Jewish, Arab Rap Scene in Israel (VIDEO)

    New Mark Skinner Documentary Explores Jewish, Arab Rap Scene in Israel (VIDEO)

    A new documentary explores the lives and work of Jewish and Arab rappers in Israel and how the ongoing conflict in the region has impacted their lyrics, the U.K.’s Jewish Chronicle reported on Thursday. Hip Hop in the Holy Land is a six-part series co-directed by Mike Skinner, the British frontman of hip-hop group The Streets, and produced by Noisey, a music channel published by Vice news. The first episode, published last week, shows Skinner meeting with Tamer Nafar, the founder of one of […]

    Read more →
  • Sports US & Canada 49ers Running Back Jarryd Hayne Apologizes for ‘Hurtful’ Jesus Tweets

    49ers Running Back Jarryd Hayne Apologizes for ‘Hurtful’ Jesus Tweets

    New 49ers running back and Australian rugby star Jarryd Hayne apologized on Wednesday for a tweet in which he raised the age-old myth that Jews were historically responsible for Jesus Christ’s death. Reaching out to his Jewish fans, and the chairman of the B’nai B’rith Anti-Defamation Commission, Hayne tweeted: “To the Jewish community @DvirAbramovich #WeAreAllOne.” Underneath, he keenly included a screenshot of a text message to elaborate on his apology: “I sincerely apologize for my tweets on July 1. I […]

    Read more →
  • Theater Israeli Actress Gal Gadot Recalls Being ‘Extremely Surprised’ at Winning Miss Israel Contest

    Israeli Actress Gal Gadot Recalls Being ‘Extremely Surprised’ at Winning Miss Israel Contest

    Israeli actress Gal Gadot reminisced about her childhood in Israel during an interview published in this month’s edition of Vanity Fair. “I don’t remember this, but my mom told me that when I was three they threw a party on the rooftop of the house. They put me to bed, and I heard people coming into the house and no one came to me. I went to the rooftop and took a hose and I started to spray water on everyone, just […]

    Read more →
  • Blogs Features Wounded Israeli Soldiers Unite With American Veterans to Help Their ‘Brothers for Life’ Heal (INTERVIEW)

    Wounded Israeli Soldiers Unite With American Veterans to Help Their ‘Brothers for Life’ Heal (INTERVIEW)

    An Israeli organization is helping wounded U.S. veterans move past their physical and psychological challenges by connecting them with injured Israeli soldiers who understand what they’ve been through. “What we discovered very early is that there’s no ‘professional, psychiatrist, social worker’ or anything like that [or] pills that can come even close to helping a soldier who fought in combat, who was wounded, who lost his friends. No one can help him like another person who’s been through exactly what he has,” Rabbi Chaim Levine, […]

    Read more →
  • Relationships World Researchers Say Women Less Likely Than Men to Kill Hitler, if They Could Travel Back in Time

    Researchers Say Women Less Likely Than Men to Kill Hitler, if They Could Travel Back in Time

    Women are less likely than men to want to kill Nazi leader Adolph Hitler if given the ability to travel back in time, a recently published research paper revealed. The paper analyzed 40 studies involving 6,100 respondents in a time-travel thought experiment, the New York Post reported on Friday. While 60 percent of men said they would theoretically be willing to kill Hitler, only 55 percent of women said they would be comfortable doing the same. The paper was published in the Personality and […]

    Read more →