From The New Yorker/Think Tank:In early 1993, Osama Bin Laden was living in Sudan. At the time, he was a shareholder in both of his Saudi family’s main companies, the Mohamed Bin Laden Company and the Saudi Binladin Group. From Khartoum, however, Osama began to deeply annoy the Saudi royal family by writing and faxing into the kingdom essays and pamphlets denouncing Saudi princes by name. After the first terrorist bombing of the World Trade Center, in February 1993, Osama also attracted publicity as a possible source of finance for jihadi groups. That he ran an organization called Al Qaeda was unknown to American intelligence agencies at the time.
Because of his anti-Saudi writings, the Bin Laden family came under pressure to do something about their wayward member. They instituted proceedings to force Osama to sell his shares in the two family companies. According to affidavits later filed by the family in a New York federal court, the value of Osama’s combined shares was set at about $9.9 million. One of Osama’s half-brothers, Ghalib, purchased the shares, apparently as a trustee, according to these court documents. (I have described these Saudi legal proceedings in my book, “The Bin Ladens,” in a chapter entitled “The Construction of Exile.”) It was decided, then, to freeze this money in what court documents describe as a “trust.” The trust was not to be for Osama’s benefit, according to the Bin Laden family. The trust’s purpose has never been entirely clear, but it may have been established to protect the rights of Osama’s non-terrorist heirs under Islamic law.
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My Comment: The money is sitting in a bank account .... in Saudi Arabia .... in his name. What more is there to discuss?