Saudi banks freeze more than 1,200 accounts in probe, number still rising: sources

reuters.com ^ | nov.7, 2017 | Tom Arnold

[bitt]

DUBAI (Reuters) - Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as part of the government’s anti-corruption purge, bankers and lawyers said on Tuesday.

They added that the number is continuing to rise.

Dozens of royal family members, officials and business executives have been detained in the crackdown and are facing allegations of money laundering, bribery, extorting officials and taking advantage of public office for personal gain.

Since Sunday, the central bank has been expanding the list of accounts it is requiring lenders to freeze on an almost hourly basis, one regional banker said, declining to be named because he was not authorized to speak to media.

[tcrlaf]

Yet another primary funding source for the Democratic Party and the Soros Orgs stopped COLD...

Cutting off the Obamacare Slush funds, and now this, is a HUGE blow to the DNC.

All that is left now are the Soros Group Davos Billionaires, and they demand an actual financial return for their money, that Dems can’t deliver on right now.

[henkster]

This has nothing to do with ferreting out corruption. They are all corrupt; these particular people are just plain being purged and the “anti-corruption” is a nice fig leaf.

[bitt]

p

[gov_bean_ counter]

Where is this headed???

[bitt]

a more liberated peoples in SA?

less whabbiasm?

a new oil company on the NYSE?

a more diverse economy in KSA?

[TADSLOS]

Ping!

[bitt]

some would say ‘war v Iran’...

[zot]

Saudi ping.

[Pontiac]

Assassination?

The King is dead

Long live the King

[VanShuyten]

While they’re at it, maybe they could finally get around to investigating the finances of the 9/11 terrorists.

[Windflier]

"...money laundering, bribery, extorting officials and taking advantage of public office for personal gain."

Sounds like the standard business model of US politics.

[Jet Jaguar]

Bump

[Windflier]

No offense, but when someone posts exclusively in lower case, I tend to glaze over their comments.

The caps key ain’t that hard to work. Even on a cell phone.

[RummyChick]

His dad will likely abdicate if MbS can consolidate power. Rumor he has dementia
.pic leaked of supposed talaweed sleeping on floor on lined up thin mattresses at the ritz

[RummyChick]

Theory on twitter/4chan is the crackdown is reason antifa was a bust over weekend

No money

[Fiddlstix]

[Diana in Wisconsin]

I changed one [word], and with that, my fondest DREAM would come true! ;)

“Dozens of [Clinton] family members, officials and business executives have been detained in the crackdown and are facing allegations of money laundering, bribery, extorting officials and taking advantage of public office for personal gain.”

[Paul R.]

"...money laundering, bribery, extorting officials and taking advantage of public office for personal gain."

Sounds like the standard business model of US politics.

Yes, don't you just wish we would more strongly pursue this stuff here...

[RummyChick]

Zerohedge article

Arresting two sons of former king was fatal mistake

Article has some history

Says cia thinks MbS is worthless