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Arab Bank Said at Trial to Have Sent $4 Million to Hamas
(Bloomberg) Christie Smythe - Arab Bank Plc maintained accounts for senior Hamas leaders, including former spiritual leader Sheikh Ahmed Yassin, the former head of the Israeli military's Department of Palestinian Affairs, Arieh Spitzen, told a federal court in Brooklyn on Thursday in a U.S. trial over claims the bank helped finance suicide bombings in Israel. He said the bank transferred about $4 million from 2000 to 2001 to two dozen Hamas leaders and operatives through its New York branch.