Magazine article Washington Report on Middle East Affairs

Obituaries

Magazine article Washington Report on Middle East Affairs

Obituaries

Article excerpt

Khalid bin Mahfouz, 60, a Saudi banker and billionaire, died Aug. 16 of a heart attack in Jeddah, Saudi Arabia. Perhaps best known since 9/11 for the unjustified lawsuits against him for supporting terrorism, he was born as the heir to National Commercial Bank (NCB), Saudi Arabia's largest financial institution. A key figure in the banking industry, Mahfouz helped guide his company through countless crises from the oil shock of the 1970s to Iraq's invasion of Kuwait. In 1988, Mahfouz donated about $270,000 to help empower the U.S.-sponsored resistance against the Soviets in Afghanistan-a group later known as al-Qaeda. Post-9/11, undercover journalists and lawyers descended upon Mahfouz, attempting to establish a link between himand the al-Qaeda led attacks. Their efforts were in vain, however, and newspapers throughout the U.S. and Europe were forced to retract statements and apologize. Most notoriously, a court ordered Rachel Ehrenfeld, author of Funding Evil, to pay $230,000 in costs and destroy all her books. To date, all legal actions have been settled in Mahfouz's favor.

Richard C. Shadyac Sr., 80, a well-known Washington-area lawyer, political activist and fund-raising executive, died Sept. 16 of respiratory failure in Arlington, VA. Born in Barre, VT to a Lebanese immigrant father and Irish-American mother, he graduated from St. Michael's College in Colchester, VT, before earning his law degree from Boston University. After serving in the Army Judge Advocate General's Corp during the Korean War, he worked in the Justice Department's antitrust division, then helped found two law firms. …

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