Saudis Funded al-Qaeda, Enabled 9/11 Attacks: Suit

Claims country backed banks, charities that supported terrorist group
By Matt Cantor,  Newser Staff
Posted Sep 19, 2011 11:09 AM CDT
UK Lloyd's Insurance Syndicate Lawsuit: Saudis Funded al-Qaeda, Enabling 9/11 Attacks
Saudi Interior Minister Prince Nayef bin Abdulaziz Al Saud, second right, talks with his Bahraini counterpart, Sheik Rashid bin Abdullah Al Khalifa, right, outside a Manama, Bahrain, hotel Wednesday, Sept. 22, 2010, where Iraq's Neighboring Countries Interior Ministers 7th Meeting was being held. Ministers...   (AP Photo/Hasan Jamali)

(Newser) – A syndicate of Britain’s Lloyd’s insurance company is suing Saudi Arabia on the assertion that the country gave material support to al-Qaeda in the years before 9/11, the Independent reports. The syndicate wants repayment of the $215 million it gave to victims of the 9/11 attacks; the company holds that charities and banks that supported al-Qaeda were “agents and alter egos” for Saudi Arabia itself. Saudi Arabia has denied giving any support to al-Qaeda, and the US 9/11 Commission saw no link between the Saudis and the terror group.

“The success of al-Qaeda's agenda, including the 11 September attacks themselves, has been made possible by the lavish sponsorship al-Qaeda has received from its material sponsors and supporters over more than a decade leading up to 11 September 2001,” says the 156-page claim, which adds that al-Qaeda wouldn't have been able to "conceive, plan, and execute" the attacks "absent the sponsorship." The claim names nine defendants and points the finger at a member of the Saudi royal family, Prince Naif bin Abdul Aziz al-Saud, who was allegedly running one Saudi charity when it "diverted more than $74m to al-Qaeda members and loyalists." Click through for more on the Lloyd's syndicate claim. (Read more Saudi Arabia stories.)

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