Replies

I bet Vernon Jordan and his colleagues at Akin Gump have known all along who the real owners of the aspirin factory were.

By the way, how far from the World Trade Center is that investment banking outfit that Jordan went to work for in 1999?

Regarding your Reply #19 and Vernon Jordan:

Not for commercial use. Solely to be used for the educational purposes of research and open discussion.

Saudi businessmen reportedly still sending bin Laden money October 29, 1999, Friday, AM cycle

DATELINE: ARLINGTON, Va.
Businessmen in Saudi Arabia are continuing to transfer tens of millions of dollars to bank accounts linked to accused terrorist Osama bin Laden, USA Today in its editions Friday quotes U.S. intelligence officials as saying.

A Saudi government audit obtained by U.S. intelligence shows that five top Saudi Arabian businessmen ordered the National Commercial Bank, the kingdom's largest, to transfer personal funds and $ 3 million from a Saudi pension fund to New York and London banks, the newspaper said. It said the money was deposited into accounts of Islamic charities, including Islamic Relief and Blessed Relief, that serve as fronts for bin Laden.

Bin Laden, whose family runs the largest construction company in Saudi Arabia, has called for the overthrow of the Saudi government. USA Today quoted the further unidentified U.S. intelligence officials as saying the payments are "protection money" aimed at staving off attacks on the businessmen's properties.

The money transfers were discovered in August after the Saudi royal family ordered and audit of the National Commercial Bank and its founder and former chairman, Khalid bin Mahfouz, the U.S. officials said.

The newspaper said Amoudi's Washington attorney, Vernon Jordan, who also is a confidant of President Clinton, could not be reached for comment.

Mahfouz is now under house arrest in the Saudi city of Taif. His successor, Mohammad Hussein Al-Amoudi, also heads the Capitol Trust Bank in New York and London, which is being investigated by U.S. and British officials for allegedly transferring money to bin Laden, USA Today said.

The newspaper said Amoudi's Washington attorney, Vernon Jordan, who also is a confidant of President Clinton, could not be reached for comment.

Bin Laden has been indicted by a U.S. grand jury on charges of ordering the 1998 bombings of U.S. embassies in Kenya and Tanzania that killed 224 people. Bin Laden, believed to be living in Afghanistan, has denied the charges.

I had heard that the law firm Vernon Jordan worked for represented the aspirin factory lawsuit and settled for $40 million. I am unable to substantiate the information but have been told that the law firm received 10% fee.