Title

Professor Jimmy Gurule was quoted in the International Business Times article Arab Bank Verdict Comes Amid Tougher Rules For Foreign Banks on September 23.

Document Type

News Article

Publication Date

9-23-2014

Abstract

Professor Jimmy Gurule was quoted in the International Business Times article Arab Bank Verdict Comes Amid Tougher Rules For Foreign Banks on September 23.

“While the verdict is important, the Arab Bank case is unique,” University of Notre Dame law professor Jimmy Gurule told IBTimes. “No pending [Anti-Terrorism Act] cases filed against other foreign banks involve such an egregious set of facts,” he said.

“In essence, Arab Bank entered into an agreement with the Saudi Committee, a principal fundraiser for Hamas, to administer the criminal plan for the benefit of Hamas,” said Gurule, who formerly worked at the U.S. Treasury Department, where he helped develop strategies to combat terrorist financing.