Brighton-based Lloyd’s 3500 syndicate from England is suing Saudi Arabia over the 9/11 attacks on the United States. The lawsuit claims the kingdom funded al-Qaeda and is thus, partially responsible for the deaths of over 3,000 people.
The Lloyd’s 3500 syndicate is demanding the repayment of nearly $300 million it was forced to pay out to victims of the September 11, 2001 attacks.
Lloyd’s was forced to pay $215 million in compensation to companies and individuals in the attacks, and now says that the Saudi Kingdom should bear the brunt of that responsibility since al-Qaeda was largely supported financially through banks and charities that had been “agents and alter egos” for the Saudi government.
The case is detailed, convoluted and names a number of prominent Saudi charities and banks, but also singles out members of the al-Saud royal family. Many believe the case filed in Pennsylvania – the site of United 93′s crash – will leave the Gulf country in an embarrassing position.