Roman Abramovich and the ZAKA organization filed a lawsuit against Mizrahi-Tfahot Bank for refusing to transfer funds. After the “Black Saturday” incident, Abramovich visited an area near the Gaza Strip and saw the work of ZAKA volunteers with bodies killed by Hamas. Touched by their efforts, he decided to donate 8 million shekels to this organization. However, Mizrahi-Tfahot Bank blocked the transfer, citing European Union and British sanctions on Abramovich’s assets.

The district court initially ruled in favor of the plaintiffs, ordering the bank to complete the transaction. However, this decision was overturned by the Supreme Court after it found that the bank’s actions were justified and that there was no evidence of any rules being broken or exceptional circumstances for allowing a transfer. Furthermore, prosecutors could not prove that ZAKA would cease to exist without receiving the donation.

Despite the lower court’s decision being overturned, this case highlights several important issues related to international sanctions and their impact on charities. The ruling also raises questions about banks’ role in enforcing sanctions and their obligations towards their customers. Ultimately, this case underscores the importance of adhering to international regulations in cases related to humanitarian aid.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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