Lloyd's withdraws 9/11 legal case

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The Independent Online

A Lloyd's insurance syndicate has withdrawn a lawsuit which alleged that Saudi Arabia had indirectly funded al-Qa'ida prior to the 9/11 attacks through Saudi banks and charities. Lawyers in the US acting on behalf of the Brighton-based Lloyd's 3500 syndicate had lodged a claim for $215m (£136m) paid out to victims of the attacks.

The syndicate withdrew the case "without prejudice". Stephen Cozen, the lawyer bringing the case, said the case could be refiled. Saudi Arabia has always denied any role in funding of al-Qa'ida.