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Palestinian billionaire detained in Saudi Arabia in sweeping corruption probe
The Times of Israel ^ | 2017/12/16

Posted on 12/16/2017 7:08:48 AM PST by TigerLikesRooster

Palestinian billionaire detained in Saudi Arabia in sweeping corruption probe

Family says Sabih al-Masri was held while visiting Riyadh last week in order to 'answer questions about his business and partners'

Palestinian billionaire businessman Sabih al-Masri was reportedly detained in Saudi Arabia for questioning last week during a business trip to Riyadh, amidst a sweeping anti-corruption purge of the Saudi elite.

Masri, who is the founder of Zara Investment Holding and chairman of Jordan’s largest lender, Arab Bank, was held in the Saudi capital over “information related to corruption,” according to Arabic-language news reports.

Friends and family sources confirmed Masri’s detention to Reuters on Saturday.

“He has been answering questions about his business and partners,” a source told the news agency without elaborating.

According to the Rai al-Youm news website, Saudi authorities did not charge the 80-year-old businessman with any crime.

It was not immediately clear when Masri was released. He and Saudi authorities did not respond to media requests for comment.

Masri’s arrest comes in the wake of a sweeping anti-corruption purge of the Saudi elite last month by Crown Prince Mohammed bin Salman.

(Excerpt) Read more at timesofisrael.com ...


TOPICS: Foreign Affairs; Israel; News/Current Events; War on Terror
KEYWORDS: arabbank; israel; jerusalem; jordan; letshavejerusalem; palestine; sabihalmasri; saudi; saudiarabia; waronterror; zarainvestments

1 posted on 12/16/2017 7:08:49 AM PST by TigerLikesRooster
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To: TigerLikesRooster
Not directly related but still an interesting news item:

John Travolta and Nelly in Saudi Arabia for ‘modernisation’ plan

American actor John Travolta and singer Nelly are in Saudi Arabia as the ultra-conservative Gulf kingdom undergoes a vast ‘modernisation’ plan launched by Crown Prince Mohammed bin Salman.

Travolta was in the capital Riyadh for a discussion Friday on ‘the secrets of Hollywood’, and rapper Nelly gave a concert Thursday in Jeddah on the west coast.

2 posted on 12/16/2017 7:10:08 AM PST by TigerLikesRooster (dead parakeet + lost fishing gear = freep all day)
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To: TigerLikesRooster
Saudi Women Will Be Allowed To Drive Motorcycles Too – Officials

Saudi Arabian women will be able to drive trucks and motorcycles, officials have said three months after the kingdom announced a historic decision to end a ban on women driving.

In September, King Salman issued a decree saying women will be able to drive from next June as part of an ambitious reform push in the conservative kingdom.

The Saudi General Directorate of Traffic gave details of the new regulations that will follow the lifting of the ban on the official Saudi Press Agency late on Friday.
3 posted on 12/16/2017 7:12:55 AM PST by TigerLikesRooster (dead parakeet + lost fishing gear = freep all day)
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To: TigerLikesRooster
Saudi King Salman says determined to confront corruption

RIYADH (Reuters) - Saudi Arabia’s King Salman bin Abdulaziz said on Wednesday his government was determined to confront corruption with “justice and decisiveness”, signalling continued support for a crackdown on sleaze involving mass arrests of top Saudis including royals.

In a televised speech to the country’s consultative Shura council, Salman also said the world’s largest oil exporter will work to enable the private sector to become a partner in the kingdom’s economic diversification drive away from petroleum.
4 posted on 12/16/2017 7:16:16 AM PST by TigerLikesRooster (dead parakeet + lost fishing gear = freep all day)
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To: TigerLikesRooster

So why doesn’t a Palestinian billionaire businessman help his own “people?”


5 posted on 12/16/2017 7:16:28 AM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: TigerLikesRooster

Notice how they say he is eating out his partners?
Somebody is gonna kill him for them.


6 posted on 12/16/2017 7:21:14 AM PST by DainBramage
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To: TigerLikesRooster

But they have to ride side-saddle on the motorcycles.


7 posted on 12/16/2017 7:21:59 AM PST by Stirner
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To: DainBramage

As I remember nobody wants the Palestinians. They’re Arabs. So why is it OUR problem?


8 posted on 12/16/2017 7:22:59 AM PST by DIRTYSECRET (urope. Why do they put up with this.)
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To: DIRTYSECRET

Ratting out his partners.


9 posted on 12/16/2017 7:24:42 AM PST by DainBramage
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To: TigerLikesRooster

“He has been answering questions about his business and partners,” a source told the news agency without elaborating.


in our world it is asked questions, here it is answered questions. cultural difference?


10 posted on 12/16/2017 7:28:23 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: TigerLikesRooster

Remember the first meeting Trump had in the Mideast? He said ALL participants will be signing on with the anti terrorism statement. (one way or the other)


11 posted on 12/16/2017 7:29:46 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: TigerLikesRooster

This is not about corruption. The Arab culture runs on baksheesh; bribes. This is about who is financing terror. The Saudis need some things they can’t get without stopping the support of terror. They need allies and those allies will be the United States and Israel. Therefore, the Saudis must transform their culture if they are to survive. The changes we have seen so far are breathtaking; women driving, arrests of family members most likely for bankrolling terror, and their new free trade city. That city will most likely be financed in some measure and supplied with water from Israel. Also, look for a Saudi pipeline through Israel and Jordan to the Mediterranean. Their current supply routes can be easily choked off with mines, which the Iranians have thousands of.

This is the largest change in Arab culture in 1400 years. It gives me hope for the future.


12 posted on 12/16/2017 7:32:30 AM PST by Gen.Blather
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To: 2banana

“So why doesn’t a Palestinian billionaire businessman help his own ‘people?’”

For the same reasons The Clinton Charitable Crime Foundation helps NO ONE? ;)


13 posted on 12/16/2017 7:33:40 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: TigerLikesRooster

Wait...how can there be a Palestinian billionaire? Aren’t they all oppressed and kept down by evil joooz?


14 posted on 12/16/2017 7:37:11 AM PST by bk1000 (I stand with Trump.)
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To: TigerLikesRooster

I always thought Travolta was a “Nelly”.


15 posted on 12/16/2017 8:10:52 AM PST by Governor Dinwiddie
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To: TigerLikesRooster

Corruption and Arabs are a synthesis. The Sauds will have to arrest the entire population to get to the root of the problem. They breathe wickedness.


16 posted on 12/16/2017 9:19:56 AM PST by lurk
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To: TigerLikesRooster

‘the secrets of Hollywood’ = scientology ? ;-)


17 posted on 12/16/2017 9:20:08 AM PST by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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To: PeterPrinciple

“in our world it is asked questions, here it is answered questions. cultural difference?”

In our world it is “please answer these questions. If your lawyer approves.”

There it is “answer these questions or watch your family members suffer horribly. You WILL answer.”

So, yes, a cultural difference.


18 posted on 12/16/2017 9:21:50 AM PST by oldvirginian (Happy Holidays my chapped buttocks. I'm going to Merry Christmas the hell out of everyone i meet!)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
Thanks TigerLikesRooster.

19 posted on 12/16/2017 4:15:13 PM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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