By ARAB NEWS

Published: Jan 13, 2012 01:45 Updated: Jan 13, 2012 01:47

NEW YORK: The Saudi Binladin Group, founded in the 1930s, cannot be sued for damages over the Sept. 11, 2001, attacks, a US judge has ruled.

Manhattan federal court judge George Daniels ruled against plaintiffs who said the Saudi Binladin Group, one of the largest construction firms in the Kingdom, helped fund militant activities leading up to the 2001 attacks.

The move dismisses claims against the Binladin Group in six different lawsuits in which survivors, relatives and others are seeking damages from defendants they accuse of aiding the attacks.

The judge ruled that the Binladin Group’s “alleged support of Osama Bin Laden before 1993 is too temporally remote to establish jurisdiction.”

Any activity a subsidiary of the Binladin Group may have had in the US prior to the Sept. 11 attacks, was also too thin to justify jurisdiction over it, the judge ruled.

See on http://arabnews.com/saudiarabia/article562650.ece

Note by the editor: All Arab investments in the USA would have been in danger, if the decision of the court would have been different.