A group of Americans subjected to attacks in Israel have sued UBS AG, claiming
the Swiss bank helped 'militants' by providing cash to Iran.
Some 50 US citizens hurt, along with the relatives of those killed, in attacks in Israel during 1997-2006, demanded that the Swiss bank UBS AG pay them more than $500 million in compensation.
In to the lawsuit filed Friday in New York, they claimed that since 1996, Iran provided 'millions of cash annually to Hezbollah and Hamas to carry out attacks'.
Robert Tolchin, lawyer of plaintiffs, claimed that without the money, 'their ability to carry out attacks ... would have been severely limited and crippled'.
UBS has cut its business with all of its clients in Iran since 2006.
The US' claims that Iran is funding Hamas and Hezbollah are widely seen as part of the US-led psychological operations to demonize Tehran.
The US efforts to control or undermine Iran are long-standing and are rooted in Iran's historic role as the most important power in the Middle East, able to contend with US domination in the region.
Over recent years, the US has tried to pit Iran against other regional countries by claiming that Iran is providing arms to Hamas and Hezbollah -- charges vehemently denied by Tehran which insists it provides moral support to the resistance movements.
This is while the Paris-based Financial Action Task Force (FATF) Watchdog said in an April statement, "Since its October 2007 plenary meeting, the FATF has engaged with Iran and welcomes the commitment made by the country to improve its Anti-Money Laundering/Combating the Financing of Terrorism measures."
http://www.presstv.ir/detail.aspx?id=55443§ionid=351020101
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