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Politics : War -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (17795)	11/18/2002 10:59:20 AM
From: Tadsamillionaire	Read Replies (1) \| Respond to of 23908

Families Expanding Suit Against Saudis -- Adding a Bank Partly Owned by Citibank New York - The Sept. 11 families who filed a $1 trillion lawsuit against members of the Saudi royal family and others are about to add 50 new defendants, reports TIME's Adam Zagorin. The 3,000 relatives are expanding the case, and are likely to name: * Saudi Minister of the Interior Prince Naif. * Saudi American Bank (SAMBA), the kingdom's second largest financial institution, which is partly owned and managed by Citibank. * Mohammed al-Amoudi, the multimillionaire owner of a lavish Addis Ababa hotel where Treasury Secretary Paul O'Neill and rock star Bono stayed this year while on their African tour. * As well as prominent Saudi charities, financial institutions and businessmen. The case is "baseless, offering false hope to victims' families by smearing honest Saudis," a royal family member told TIME. Senior figures in the State Department, sources tell TIME, are arguing that the litigation should be done away with before it impedes Saudi cooperation in a possible war against Iraq. But Zagorin reports some Justice and Treasury Department officials see the lawsuit as a useful tool to pressure the Saudis into defunding al-Qaeda."The Saudis have offered piecemeal cooperation that has led to some successes," says a frustrated senior U.S. official. "Now it's time for an approach that produces greater results." Developing...http://www.drudgereport.com/flash.htm