Lloyd's syndicate sues Saudi for financing 9/11
Lloyd’s insurance syndicate 3500 Riverstone Managing Agency, has launched a landmark legal battle against Saudi Arabia, accusing it of indirectly finding al-Qaeda and demanding the repayment of £136m it paid out to victims of the 9/11 attacks.
Riverstone is said to have paid out $215m compensation to companies and individuals involved. Law firm Cozen O’Connor filed the claim on behalf of the syndicate.
It alleges Saudi Arabia bears primary
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