NBP's Victory In US Terror Financing Case.

NBP has won the case entitled Harold Brown Sr., et al vs NBP filed in the United States District Court, Southern District Court, Second Circuit, New York. NBP had filed a motion to dismiss which was vigorously contested through its US attorneys leading to the case against NBP being dismissed in its favour.

The Harold Brown case falsely alleged that NBP allowed money transfers which resulted in financing of terrorism against US persons in Afghanistan which may have amounted to an offence under the US Anti-Terrorism Act, as amended by the Justice Against Sponsors of Terrorism Act. The dismissal of the case has shown that the claim against NBP was without any legal basis.

NBP has...