World wide, terrorism has adversely affected the lives of countless individuals. It seems sometimes like the news about terrorist activities such as hijackings, kidnappings and bombings, seldom ceases, and the number of victims of terror attacks continues to grow.
Have you ever wondered where the funding comes from for terrorist activities? Certain Global Banks have entered into Deferred Prosecution Agreements and Consent Orders, admitting to violating U.S. Counter-Terrorism Sanctions by processing large financial transactions for the country of Iran, a known sponsor of terrorism.
Iraq War Veterans injured in combat may be entitled to compensation under the United States Anti-Terrorism Act...
Anti-Terrorism Lawsuits Filed in 2014 by Iraqi War Veterans
Several years ago, an anti-terrorism lawsuit was filed by wounded Iraqi war veterans against several EU banks. This lawsuit claimed there was a conspiracy between these banks and the country of Iran, a known sponsor of terrorism. The lawsuit suggested that because Iran sponsored terrorism with these funds, then the banks that funded Iran were essentially responsible for the shootings and roadside bombings of U.S. soldiers and contractors, and as such, should be open to face state sponsored terrorism lawsuits. The conspiracy mentioned in the lawsuit also alleged a cover up on the part of the banks for hiding financial transactions from the U.S., because they knew they were violating sanctions imposed on Iran.
In the ensuing years, some of these foreign banks admitted they provided billions of dollars to Iran, thus violating international laws and U.S. sanctions, and making them a target for anti-terrorism lawsuits. Iran used its monies for:
- Terrorist bounties who then attacked U.S. troops and U.S. civilians;
- Shia and Sunni terrorist recruits who killed U.S. soldiers and contractors in Iraq;
- Weapons which wounded and killed U.S. soldiers and contractors (EFPs, IEDs, IRAMs);
- Hezbollah and Ansar al-Islam sponsorships, and
- Training, arming, funding and commanding Shia and Sunni terrorists.
The EU banks involved in the alleged conspiracy, and potentially subject to anti-terrorism lawsuits, include Barclays PLC, BNP Paribas S.A., HSBC Holding Group PLC, Credit Suisse, Commerzbank A.G., and Standard Chartered Bank PLC.
How You Could Benefit from Speaking to an Anti-Terrorism Attorney
Because these banks provided material support in the form of money to Iran, and Iran used its money to commit acts of terrorism against American soldiers and contractors, injured Iraq War Veterans could be eligible to file an anti-terrorism lawsuit against these banks. If you or a loved one was severely injured in the Iraq War, or a loved one was killed in the Iraq War as the result of Iranian state sponsored terrorism, you may be entitled to compensation under the United States Anti-Terrorism Act.
Having an anti-terrorism lawyer by your side who is prepared to fight for your rights and hold those responsible for your injuries accountable can make a significant difference in the outcome of an anti-terrorism lawsuit. While pursuing damages from the actual terrorists might be next to impossible, pursuing damages from the banks which helped finance Iran is emerging as a potentially viable option. An anti-terrorism attorney can help answer your questions, and help you seek reparations for your losses related to Iranian sponsored terrorism in the Iraq War.