U.S. judge says Palestinian Authority must post bond in terror support case

Reuters News
Posted: Aug 24, 2015 11:26 AM

NEW YORK (Reuters) - A U.S. judge on Monday ordered the Palestinian Authority and Palestine Liberation Organization to post $10 million in cash or bond while they appeal a jury's finding that they supported militant attacks in Israel.

U.S. District Judge George Daniels in Manhattan said the defendants must also deposit $1 million each month pending the appeal of a February verdict worth $655 million in favor of 10 American families.

The order came after the Obama administration urged Daniels to "carefully consider" the Palestinian Authority's financial condition in determining any bond.

Daniels said a judgment will be entered in 60 days, and remain stayed pending the appeal so long as payments are made.

(Reporting by Joseph Ax in New York, Editing by Franklin Paul)