BEIJING:
The Bank of China has brushed off accusations that it was involved in
transferring money to terrorists acting against Israeli citizens as "sheer
nonsense".
The statement
comes in the wake of reports in the western media that over 100 Israeli victims
of terrorism have filed a lawsuit in a US court against it demanding an end to
the transfer of funds to terrorists. "The accusation is absolutely groundless.
Bank of China is prepared to fight the suit," BOC
said.
A group of Israelis have
moved the US court saying the bank has put through dozens of wire transfers
totalling several million dollars to Hamas and Islamic Jihad.
The funds had helped to
finance attacks on them between 2004 and 2007. The lawsuit also said the BOC has
"knowingly assisted Hamas and the Islamic Jihad," the lawsuit
alleged.