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Monday, July 7, 2008
[Correction]Canadian Bank Sued by Hizbollah Terror Victims

For Immediate Release July 7, 2008

CANADIAN VICTIMS OF HIZBOLLAH MISSILE ATTACKS BRING HISTORIC CIVIL ACTION
AGAINST LEBANESE CANADIAN BANK IN MONTREAL

Canadian victims of Hizbollah terror attacks have filed a precedent
setting civil action in the Quebec Superior Court against the
Lebanese-Canadian Bank (LCB) in Montreal. The plaintiffs, all of whom
were injured in Northern Israel in Katyusha rocket attacks, allege that
LCB unlawfully provided financial services to the Hizbollah terrorist
organization by allowing charity groups affiliated with Hizbollah to
transfer funds prior to and during the terrorist attacks on Israeli cities
in 2006.

The law suit, filed today, contends that since 2004, LCB permitted the
Yousser Company for Finance and Investment and the and Martyrs
Foundation, two Lebanese terrorist groups, to open and maintain accounts
at LCB, and to freely transfer many millions of dollars of Hizbollah funds
and to carry out millions of dollars in financial transactions, within and
without Lebanon, by means of wire transfers, letters of credit, checks and
credit cards provided by LCB. LCB, it is charged, facilitated Hizbollah's
terrorist activities and is liable to the plaintiffs for the harm that
has been inflicted upon them and their families in the rockets attacks.

This is the first civil action brought by Canadian victims of Hizbollah's
rocket attacks in a Canadian court.

The plaintiffs are Sara Yefet, Shoshana Sapir and Rochelle and Oz Shalmani

The families are represented by Montreal attorney Jeffrey Boro, Professor Ed
Morgan of the University of Toronto's International Law and
Counter-Terrorism Project and attorney Nitsana Darshan-Leitner of Israel.

The plaintiffs claim that Hizbollah used the financial services which it
was provided by LCB in order to build its terrorist infrastructure, to
train, pay and equip its terrorist operatives, and to carry out terrorist
attacks. LCB's management, officers and employees had full knowledge that
Yousser and Martyrs are part of Hizbollah's financial arm and that the
financial services were being provided to a violent terrorist organization

Both Yousser and Martyrs have been designated by the U.S. Treasury as
terrorist organizations. The fact that the two groups are part of
Hizbollah's financial arm is notorious public knowledge in Lebanon.

According to attorney Darshan-Leitner: "LCB knew that both charities are
part of Hizbollah's financial arm and that by providing them banking
services they were really assisting the Iranian backed terrorists in
Lebanon and their rocket attacks against civilians. How in 2006 in the
midst of a deadly Middle East war does any responsible bank transfer any
funds to something called the `Martyr's Foundation' in Lebanon? This law
suit is only the beginning of the uncovering of Hizbollah's extensive
financial network in Canada."

FOR MORE INFORMATION:
Telephone: In USA/Canada: 1 917 519 9340
Telephone: In Israel: 052 383 7020
Email: media@israellawcenter.org

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