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In purge crackdown, Saudi Arabia makes fresh arrests, freezes royals’ accounts

November 9, 2017 Middle East Monitor 0

Saudi Arabian authorities have carried out further arrests and frozen more bank accounts under an expanding anti-corruption crackdown that was announced last Saturday against the Kingdom’s political and business elite, Reuters reported, quoting official sources. Since the campaign kickoff, dozens of royal family members, officials and business executives have already been held in the purge. They face allegations of money laundering, bribery, extortion and exploiting public office for personal gain. According to the sources, the anti-corruption authorities have also frozen the bank accounts of Prince Mohammed Bin Nayef, one of the most senior members of the ruling Al Saud, and some of his immediate family members. Read More: Saudi corruption crackdown could raise $800bn Nayef, known as MbN, was ousted as […]

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Satellite Images Reveal Saudis May Be Lying How Much Oil They Have In Storage

November 9, 2017 Tyler Durden 0

A little over a year ago, specialized satellite imaging company Orbital Insight which uses its proprietary imaging and algorithms to track above-ground oil storage, confirmed something we had alleged earlier in the year: that China was vastly under-rep…

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Foreclosed $51 Million “Billionaire’s Row” Penthouse Sells At A 30% Discount

November 9, 2017 Tyler Durden 0

Kola Aluko’s posh penthouse apartment in One57, one of Manhattan’s most expensive luxury towers, has finally sold after months of delays in what New York realtors agree is the most expensive residential foreclosure in city history.
The sale…

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