IN CASE OF MONEY LAUNDERING, BRIBERY, EMBEZZLEMENT SAUDI PRINCE ACCUSED
After Eleven prince, four
minister and ten of former minister were detained late on Saturday after king
salman decreed the creation of an anti corruption committee chaired by
salman, his 32 year old son who has amassed expansive powers over the past two
years.
The new body was given broad
powers to investigate cases issue arrest warrant and travel restriction, and
seize assets. The official said billionaire prince Alwaleed bin talal, a nephew
of the king and owner of investment firm kingdom holding, faces allegation of
money laundering, bribery and extorting official.
Former Riyadh Governor Prince Turki
bin Abdullah is accused of corruption in the Riyadh metro project and of taking
advantage of his influence to award contract to his own companies.
Ibrahim Al Assaf Board member of national oil giant Saudi who is also Former Finance Minister and ARAMCO is accused of embezzlement related expansion of Mecca's grand Mosque by taking advantage of his position in finding the inside information to benefits from land deals.

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