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Saudi Arabia Threatens to Sell $750 Billion in US Assets if 9/11 Bill Passes

Accepted submission by JNCF at 2016-04-16 20:27:36
Security

The New York Times reports [nytimes.com] (and Yahoo! News repeats without any paywall [yahoo.com]) that the government of Saudi Arabia is threatening to sell $750 billion in treasury securities and other unidentified assets if Congress passes the Justice Against Sponsors of Terrorism Act. The bill would allow foreign governments to be sued by 9/11 victims and their families. The threat was issued by Saudi Arabian foreign minister Adel al-Jubeir to unnamed US lawmakers while he was visiting Washington sometime last month, on the grounds that these assets could be in danger of being frozen by US courts.


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