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Lloyd’s Insurer Sues Saudi Arabia for ‘Funding 9/11 Attacks’

Tuesday 20 September 2011

‘A Lloyd’s insurance syndicate has begun a landmark legal case against Saudi Arabia, accusing the kingdom of indirectly funding al-Qa’ida and demanding the repayment of £136m it paid out to victims of the 9/11 attacks.

The Brighton-based Lloyd’s 3500 syndicate, which paid $215m compensation to companies and individuals involved, alleges that the oil-rich Middle Eastern superpower bears primary responsibility for the atrocity because al-Qa’ida was supported by banks and charities acting as “agents and alter egos” for the Saudi state.’

Read more: Lloyd’s Insurer Sues Saudi Arabia for ‘Funding 9/11 Attacks’