UK: Anti-Israel Group’s Bank Accounts Closed Amid Terror Funding Allegation
December 01, 2015
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A leading British bank has closed the accounts of Palestine Solidarity Campaign (PSC) and several other pro-Palestinian groups amid charges that they might be funnelling funds to terrorist organisations.
Manchester-based Co-operative Bank issued a statement saying Palestine Solidarity Campaign's (PSC) accounts failed due diligence checks to ensure that funds were not 'inadvertently funding illegal or other proscribed activities.' The Palestine Solidarity Campaign (PSC) claims to be surprised by the allegations and threatened legal action against the bank, crying foul about “discrimination.”
PSC is one of the most influential backer of the anti-Israel boycott campaign (BDS) in UK. Jeremy Corbyn, the newly-elected leader of the Labour Party, has long been a vocal supporter of PSC and other anti-Israel groups championing the "Palestinian cause."
The Labour leader enjoys long and close ties to the activist group. PSC's website describes him as “regularly speaks at [its] rallies” and being "tireless in his support for Palestine." The British newspaper The Telegraph reports the latest revelations:
An activist organisation which has Labour leader Jeremy Corbyn as patron has had its accounts closed down over fears that it may be inadvertently funding terrorism.