WASHINGTON: The Obama administration and the US congress members have been told by Saudi Arabia that Saudi will sell off American assets in the kingdom if the legislature passes a 9/11 Bill allowing the government of Saudi to be blamed in the American courts for the September 11, 2000 attacks the American courts. The assets are worth hundreds of billions of dollars’.
The administration of Obama has pushed the Congress to block of the bill from being passed. The administration’s officials and congressional assistants from both parties say that the threats have put to heated debates in the recent weeks between officials from departments of the state, lawmakers and also the Pentagon.
A warning from the officials has been directed to the senators: the warning foresees diplomatic and financial fallout from the statute.
Saudi’s foreign minister, Adel al-Jubeir made the message from the kingdom clear in person the previous month during his trip to Washington. He told the US lawmakers that Saudi Arabia would be prompted to sell the up to $750 billion worth assets in treasury securities and also other assets in the United States before they face the risk of being frozen the courts of America.
Many outside economists are in doubt that Saudi will make the selloff. They say that if they sell the assets, they risk crippling the kingdoms state of economy.
However, this threat still indicates that there is rising tension between the US and Saudi Arabia.
The government, which argues that the law would put a legal risk to America overseas, has been petitioning closely against the bill that most of the 9/11 victims and families are furious of.
They say that Obama’s government has been siding with the kingdom and has frustrated their efforts to learn what they consider to be the truth on the role played by some Saudi officials in plotting the attack.
Nonetheless, Saudi has denied involvement in 9/11 attack. The 9/11 commission has come to no evidence linking any Saudi government official to the organization of the attack.