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Sept 24, 2013

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Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

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Bank Audi of Lebanon Accused of Keeping $17 Million Now Questions of Correspondent Banks

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, March 3 –  Patricia Raad says she placed $17 million with Lebanon's Bank Audi and now they won't give her the money back.

  She has sued. 

 Raad and two relatives filed in New York State court, but Bank Audi on December 31 removed the case to the U.S. District Court for the Southern District of New York, in the docket of which Inner City Press found it.

 DLA Piper, in the Corporate Disclosure Statement it filed, said Bank Audi S.A.L. does not have a corporate parent, and that no publicly traded company owns ten percent of more of Bank Audi S.A.L.'s comment stock.

   Its Jeffrey D. Rotenberg recounts in a declaration that on December 18 a virtual hearing was held before Judstic Ostanger, and that also present were counsel for JPMorgan Chase, Citibank, Bank of New York Mellon and Standard Chartered. 

  On March 3, SDNY Magistrate Judge Ona T. Wang held a proceeding. Inner City Press covered it.
  The plaintiffs want to attach funds. Judge Wang asked about it, and about correspondent banks.

The case is Raad et al. v. Bank Audi SAL et al., 20-cv-11101 (Nathan / Wang)


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