Lloyd’s sues Saudi Arabia for funding 9/11

A Lloyd’s of London insurance portfolio is suing the Saudi government, Saudi charities and Saudi banks for financing the 9/11 terrorist attacks. On 8^th September, Lloyd’s Syndicate 3500 filed suit in the Federal District Court for Western Pennsylvania in Johnstown against the Kingdom of Saudi Arabia, a number of Saudi government-run charities, and two major Saudi banks, demanding at least $215 million in compensation for insurance payments the syndicate made to victims of the 11^th September, 2001 attacks. The 154-page suit charged and documented that, without the financial and logistical support of the Saudi government and government-controlled dawas (charities), the 9/11 attacks could not have occurred.

The lawsuit demonstrates that powerful circles are fully aware of the veracity of the revelations contained in the new documentary by Lyndon LaRouche’s LaRouche Political Action Committee, 10 Years Later, which reveals the complicity of the Saudi Arabian government, as well as the British government, in the 9/11 attacks; the Lloyd’s lawsuit does not address the British role (see 10 Years Later).

The Lloyd’s suit was premised on the argument that, while the costs of the 9/11 attack per se were limited, Al-Qaeda had a $35 million-a-year budget that was largely covered by payments from the Saudi Royal Family and allied circles. The suit provided very detailed allegations about the role of the Saudi régime in sponsoring, financing and supporting Al-Qaeda over the 13-year period from 1988 through to the 11^th September, 2001 attacks. The evidence compiled for the law suit was based almost exclusively on U.S. and Saudi government documents, including publicly available evidence provided by scores of Guantánamo Bay detainees, who were picked up as “enemy combatants” and who were affiliated with either Al-Qaeda or the Saudi charities named in the suit. Among the nominally private dawas named in the suit were: The Muslim World League, the Saudi Red Crescent Society, and a variety of Saudi charities that funded the wars in Afghanistan, Bosnia, Kosovo, and Chechnya. All of these organisations were controlled by the Saudi Ministry of Religious Affairs and by Saudi Arabia’s Interior Minister, Prince Nayef bin Abdul-Aziz, who is now second in line to be King, and who chaired the government committee overseeing all of the named charities.

Despite the suit’s shortcoming in making no mention of the British hand in the Saudi-sponsored terrorism, particularly the Al-Yamamah program of Anglo-Saudi slush funds financing the Afghan mujahideen and what later emerged as Al-Qaeda, it presents a damning case against the Saudi Royal Family and some of the most prominent Saudi bankers and businessmen, all of whom were part of the “Golden Chain”, a group of wealthy Saudi princes and millionaires who were on a computer document, captured in Bosnia, detailing the financing of the worldwide jihadi movements. The suit was filed in the Western District of Pennsylvania near the site where one of the four 9/11 hijacked commercial airliners crashed. Days after the suit was filed, Vice President Joe Biden and former President Bill Clinton presided over the 9/11 commemoration just miles from Johnstown.