Saudi Arabia threatens to sell off US assets if Congress passes 9/11 bill

Andrew Buncombe New York
 @AndrewBuncombe

Mr Obama will hold talks with King Salman in Saudi Arabia AP

Officials in Saudi Arabia have reportedly told the Obama administration they will sell off hundreds of billions of dollars of American assets if Congress passes a bill that would allow the Saudi government to be held responsible for any role in the September 11 attacks.

On the eve of President Barack Obama’s visit to Saudi Arabia, the New York Times said the White House had been lobbying Congress to block the bill’s passage and that the threat from Saudi Arabia had been the subject of intense talks.

It said that Adel al-Jubeir, the Saudi foreign minister, delivered the kingdom’s message last month during a trip to Washington, telling legislators that Saudi Arabia would be forced to sell up to $750bn in treasury securities and other assets in the United States before they could be in danger of being frozen by American courts.