Israeli Banks ‘Overreacting’ by Freezing Accounts Due to US Sanctions, Expert Says

Bank Leumi chairman Samer Haj-Yehia speaks at Jerusalem's International Convention Center, Feb. 21, 2022. Photo by Yonatan Sindel/Flash90.

Bank Leumi chairman Samer Haj-Yehia speaks at Jerusalem’s International Convention Center, Feb. 21, 2022. Photo by Yonatan Sindel/Flash90.

Israeli banks this week made the controversial decision to freeze the accounts of two Israelis sanctioned by the United States under an executive order signed by President Joe Biden. It is believed that the accounts of two other sanctioned Israelis will be frozen shortly. The EO states that the four are guilty of “Undermining Peace, Security, and Stability in the West Bank.”

Click to Continue Reading on JNS

Posted by Josh Hasten