He is only partly lying below. Saudi Arabia was indeed asked by the US to help in the combat of communism and socialism worldwide and they did the job but they had their own agenda as well. They wanted to combat Nasserism and leftism in the Arab world for their own reasons.
"“Mohammed said that investments in mosques and madrassas overseas were rooted in the Cold War, when allies asked Saudi Arabia to use its resources to prevent inroads in Muslim countries by the Soviet Union.”"
"“Mohammed said that investments in mosques and madrassas overseas were rooted in the Cold War, when allies asked Saudi Arabia to use its resources to prevent inroads in Muslim countries by the Soviet Union.”"