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Melanie Phillips

ByMelanie Phillips, Melanie Phillips

Opinion

Netanyahu's dilemma over the Bank of China

November 22, 2013 11:38
2 min read

Should a country ever sacrifice fundamental principles for the sake of its national economic interest?
This question has been raised in Israel over a landmark court case brought by families of suicide bomb victims against the Bank of China. The families accuse it of serving as a key conduit for money transfers to Hamas and Islamic Jihad through its branches in the US.

Although the Israel government initially aided the case against the bank, it has now blocked a key witness, ex-counter-terrorism agent Uzi Shaya, from testifying.

Shaya’s evidence is crucial because he was part of a delegation who warned the Chinese in 2005 that Hamas and Islamic jihad were transferring large sums through the Bank of China, something the bank denied knowing until years later.

The Israel government, however, says his evidence would reveal state secrets, and that sovereign immunity protects its officials from having to testify in foreign courts.