'China Threatens and Netanyahu Crumbles'

Tuesday, November 19, 2013 |  Israel Today Staff  

That was the lead headline in Israel's best-selling daily newspaper, Yediot Ahronot earlier this week, after Prime Minister Benjamin Netanyahu moved to quash Israeli testimony in a lawsuit targeting the Bank of China over alleged ties to Hamas.

According to the Washington Post, Netanyahu's office asked a US federal court to rescind a deposition subpoena to the family of a dual US-Israeli citizen who was killed in a 2006 suicide bombing carried out by Hamas.

The funding for that and other Hamas attacks is believed to have been funneled through the Bank of China, and America's case against the bank is said to be hinged on Israeli testimony that Netanyahu won't allow.

Besides the victims themselves, former Israeli security official Uzi Shaya has damning evidence against the bank, but has been effectively silenced by the prime minister's office.

Netanyahu's position on the matter, despite his repeated vows to combat Hamas terror at every turn, reportedly stems from Chinese threats of "economic repercussions" should Israel join or aid the lawsuit.

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