Osama bin Laden was planning more attacks on the US three years after 9/11
April 26, 2022, 7:41 am

Osama bin Laden was planning more attacks on the US three years after 9/11

World Trade Center in New York, USA (Photo: Pixabay)

The Arab News reported, according to a report from CBS News that Osama bin Laden was planning a second terrorist attack targeting the US just three years after masterminding the atrocities of Sept. 11, 2001.

Letters and other papers obtained after the former Al-Qaeda chief was killed by US Navy SEALs in Pakistan in 2011 revealed that he wanted to launch another attack using similar methods to those employed on 9/11, but using private jets instead of passenger planes.

The plans were discovered by security and terrorism expert Nelly Lahoud when she analyzed the documents. She told CBS that if bin Laden’s plan to use private jets proved to be impossible, he wanted to sabotage railway tracks in the US to cause derailments that resulted in large numbers of casualties.

Osama bin Laden was planning a second terrorist attack targeting the US just three years after masterminding the atrocities of Sept. 11, 2001. (Photo: Arab News via AP)

While in hiding after 9/11 to evade capture by US forces, she added, bin Laden remained in contact with other Al-Qaeda leaders and began planning the next attack, using his background in engineering to devise methods for causing as much death and destruction as possible.

“He wanted to have 12 meters of steel rail removed so that, this way, the train could be derailed,” Lahoud said. “And we find him explaining the simple toolkit that they could use. He said: ‘You could use a compressor, you could use a smelting iron tool.’”

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Another of bin Laden’s ideas was for undercover Al-Qaeda operatives to blow up small wooden fishing boats at American ports to sink oil tankers in an effort to damage the US economy.

“Bin Laden suggested Al-Qaeda operatives could integrate themselves into the port areas by posing as fishermen,” Lahoud said. “He instructed his team on where to buy specific boats to evade radar and detailed how the vessels should be used to transport explosives.”

The war in Afghanistan ultimately stymied the ability of Al-Qaeda to carry out other large-scale attacks, she added, and by 2006 the organization only had about $200,000 in accessible funds.

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Nearly 3,000 people died in the 9/11 attacks and Lahoud said that bin Laden failed to anticipate the ferocity of the US response it would provoke, including the launch of a full-fledged invasion and subsequent war in Afghanistan.

Source: arabnews

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.