ISRAELI NGO SUES EUROPEAN INVESTMENT BANK FOR SUSPECTED TIES WITH IRAN

The Israeli legal advocacy organization Shurat HaDin filed a civil action on behalf of American victims of terror attacks against the European Investment Bank (EIB) on the suspicion that the bank maintains financial ties with Iran. 

In the wake of media reports in May that the EIB had come under pressure from European Commissioners to support investments by European companies in Iran, Shurat HaDin is attempting to seize Iranian funds that it suspects are held by the EIB, the European Union’s lending arm that is owned by the bloc’s member states.

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