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September 9, 2014 10:17 am

Billionaire Arab Bank Chairman Says Terrorism is Bad for Business

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Arab Bank. Photo: Wikimedia Commons.

Jerusalem Post – In one of the historic terror financing trial’s most dramatic moments, billionaire Arab Bank Chairman Sabih al-Masri on late Monday explained to a federal courtroom in New York that terrorism is bad for the bank’s business.

While al-Masri was prevented by the court from directly answering whether the bank had financed terrorism, it was clear from his answers, including mentioning terrorists killing of his brother, and from reported out of court statements that he vehemently rejected any allegation of the bank financing terror.

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