Post by Mech on Feb 27, 2004 15:24:07 GMT -5
Lawyers for 9/11 Victims Seek Bank Records
Thursday February 26, 2004 8:21am
Washington (AP) - The D.C.-based parent company of Riggs National Bank has been subpoenaed by lawyers representing the victims of the 9/11 terror attacks.
According to The Wall Street Journal, the lawyers are seeking information about how the company handled the Embassy of Saudi Arabia's bank accounts.
The attorneys say they want to know whether Riggs may have helped facilitate the transfer of millions of dollars in funds to the hijackers - or to so-called charities that funnel funds to al-Qaida .
If it did, the bank could face legal action by the victims seeking damages.
Both Riggs and the Saudi Embassy have previously denied aiding the terrorists - but bank officials acknowledge there has been lax oversight of the Saudi accounts.
Thursday February 26, 2004 8:21am
Washington (AP) - The D.C.-based parent company of Riggs National Bank has been subpoenaed by lawyers representing the victims of the 9/11 terror attacks.
According to The Wall Street Journal, the lawyers are seeking information about how the company handled the Embassy of Saudi Arabia's bank accounts.
The attorneys say they want to know whether Riggs may have helped facilitate the transfer of millions of dollars in funds to the hijackers - or to so-called charities that funnel funds to al-Qaida .
If it did, the bank could face legal action by the victims seeking damages.
Both Riggs and the Saudi Embassy have previously denied aiding the terrorists - but bank officials acknowledge there has been lax oversight of the Saudi accounts.