Most Americans have little real knowledge of terrorism—we hear about only a handful of the very worst end results of terrorism (bombings, kidnappings and hijackings), but unless we have a loved one who is the victim of a terrorist attack, we are unlikely to have a real grasp of the issue. All Americans should know the facts regarding one extremely important terrorism issue—where the money comes from. Think about it—Terrorists must use banking systems, just like the rest of us. So, when Americans are injured or killed as a result of a terrorist attack, just how much responsibility does the banking industry, which funded the terrorists, bear? Do those who were injured or killed as a result of this bank-sponsored terrorism have the right to file an anti-terrorism lawsuit?
Iraqi War Veterans File Anti-Terrorism Lawsuit in 2014
As far back as 2014, a anti-terrorism lawsuit was filed by a group of wounded Iraqi war veterans against several EU banks, charging those banks with the responsibility for shootings and roadside bombings because the money which paid for the attacks was Iranian money processed by these banks. This anti-terrorism lawsuit claimed a conspiracy between these banks and their Iranian counterparts—a conspiracy which hid these financial transactions from the United States after sanctions were imposed on Iran.
What About U.S. Sanctions Against Iran?
The Iranian sanctions were put into place by Congress to prevent Iran from sponsoring terrorism or engaging in terrorist acts, thus restricting Iran’s ability to obtain necessary funding to make and deploy lethal weapons. According to the initial anti-terrorism lawsuit, more than $100 million was channeled to Iranian military operatives in Iraq to fund terrorist attacks—although it would turn out the actual numbers were much, much higher.
Banks Admit Criminal Conspiracy with Iran
Today, nine foreign banks have admitted criminal conspiracy with Iran, providing billions of dollars in violation of international laws and U.S. sanctions. This, despite being aware of the fact that Iran was a state sponsor of Terrorism—and a leading source of injuries to American soldiers and the deaths of American soldier during the Iraq war. In short, Iran needed funds. Specific banks provided these funds, which paid for the following:
· Recruiting Shia and Sunni terrorist organizations who murdered U.S. soldiers and citizen contractors in Iraq;
· Training, arming, commanding and funding these Shi and Sunni terrorist organizations;
· Sponsoring other terrorist groups, including Hezbollah and Ansar al-Islam, whose primary purpose was to attack American soldiers and contractors;
· Supplying weapons which wounded and killed American soldiers and contractors, such as IEDs (Improvised Explosive Device), EFPs (Explosively Formed Penetrators, for which Iran was the exclusive manufacturer), and IRAMS (Improvised Rocket Assisted Munitions), and
· Bounties to terrorists who attacked U.S. and coalition forces, as well as civilians.
Banks Involved in Conspiracy and Subject to Anti-Terrorism Lawsuits
This conspiracy between Iran and the banks facilitated the attacks which were then responsible for tens of thousands of severe injuries and fatalities to American soldiers and contractors in Iraq between 2003 and 2011. The banks which have already admitted to entering into criminal conspiracies with Iran and Iranian banks, then illegally transferring billions of dollars to Iran or to persons or entities sanctioned by the U.S. include:
· BNP Paribas S.A.
· Barclays Plc
· Standard Chartered Bank Plc
· Commerzbank A.G.
· Credit Suisse AG and Credit Suisse Asset Management Ltd
· HSBC Holding Group Plc
Could You Benefit from Speaking to an Anti-Terrorism Lawyer?
These banks acted as co-conspirators with Iran, violating the U.S. Anti-Terrorism Act by providing financial services (material support) to Iran. The banks did so with full knowledge that this financial support would be used to commit acts of terrorism against American soldiers and civilians. Perhaps you or a loved one was severely injured or killed as a direct result of this violation of the Anti-Terrorism Act. If so, you may be entitled to file an anti-terrorism lawsuit, seeking compensation from the banks which funded the terrorist groups responsible.
The experienced anti-terrorism lawyers from Sullo & Sullo are prepared to fight for those injured and killed as a result of violations of the Anti-Terrorism Act, holding those responsible accountable. While nothing will erase the pain left behind, we are committed to seeking justice. Although collecting damages from individual terrorists would be virtually impossible, the banks which helped finance these illegal activities are equally responsible, as without funds, the attacks would not have been possible. We have the necessary knowledge and skills to seek reparation for the loss of a loved one, or severe injuries to yourself or a loved one, which were the direct result of a violation of the U.S. Anti-Terrorism Act.