Tag Archives: Saudi

Probe finds $100bn embezzled in Saudi Arabia

ESAT News (November 9, 2017) Saudi Arabia’s attorney general says at least $100bn has been embezzled through systemic corruption and embezzlement in recent decades. The BBC report quoted Sheikh Saud al-Mojeb, the attorney general as saying that 199 people were being held for questioning as part of a sweeping anti-corruption drive that began on Saturday night. The attorney general did ...

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Arrested princes in Saudi sleeping on lobby floor of Ritz Carlton

ESAT News (November 7, 2017) Princes and businessmen arrested on Sunday in Saudi’s crackdown on corruption are reportedly sleeping on bare mattresses on the lobby floor of a five star hotel. Review.org reports that the mattresses were re-structured memory foam mattresses from online mattress manufacturer Nectar. Nectar has not responded to our claims to verify this fact. The Daily Mail ...

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Saudi to freeze bank accounts of corruption suspects, Ethiopian born billionaire among detained

ESAT News (November 6, 2017) Saudi Arabia says accounts of princes and businessmen, who are arrested on suspicion of corruption will be frozen. The announcement by the Kingdom also says money derived from corruption will be reimbursed to the Saudi state’s General Treasury. The report by Al Arabiya, which broke the news of the arrest on Sunday also said there ...

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Mohammed al-Amoudi arrested in Saudi Arabia

by Engidu Woldie ESAT News (November 5, 2017) Ethiopian born Saudi tycoon, Mohammed al-Amoudi, is among those arrested in Saudi Arabia as the Kingdom’s newly formed anti-corruption campaign targets princes, ministers and several other officials and businessmen. Reuters listed 17 princes and officials and Mohammed al-Amoudi’s name was also mentioned as one of the businessmen arrested. ESAT cannot immediately verify ...

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