MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘800 billion’

How Broke is the House of Saud? – The Automatic Earth

Posted by M. C. on November 11, 2017

More confirmation the ‘crackdown’ is all about the money. The US taxpayers are doing their part to help SA. They are paying for the bombs that SA uses to to kill women and children in Yemen. Like the US – broke but that doesn’t stop the war machine.

https://www.theautomaticearth.com/2017/11/how-broke-is-the-house-of-saud/

Saudi Crackdown Targets Up to $800 Billion in Assets

The Saudi government is aiming to confiscate cash and other assets worth as much as $800 billion in its broadening crackdown on alleged corruption among the kingdom’s elite, according to people familiar with the matter. Several prominent businessmen are among those who have been arrested in the days since Saudi authorities launched the crackdown on Saturday, by detaining more than 60 princes, officials and other prominent Saudis, according to those people and others. The country’s central bank, the Saudi Arabian Monetary Authority, said late Tuesday that it has frozen the bank accounts of “persons of interest” and said the move is “in response to the Attorney General’s request pending the legal cases against them.”

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