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Lawyers for 9/11 Victims Seek Bank Records
Although this AP report doesn't mention it, the bank's parent company is owned by the Allbritton family, which owns Allbritton Communications, which owns Channel 7/WJLA-TV (the ABC affiliate in Washington, DC.)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. My guess is, obsequiously. 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. It all depends on your definition of lax. And oversight. Here's hoping the legal beagles find some red meat... Posted by: Seafarious 2004-03-02 |
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