Are Saudi Arrests Crackdown, Shakedown or Purge?: QuickTake Q&A - Bloomberg:
"There’s never been a housecleaning quite like this one. Dozens of Saudi Arabia’s richest and most influential people, including princes and government ministers, were swept up by authorities and have been detained for more than a month at the palatial Ritz Carlton in the capital, Riyadh. There, they’ve been presented with evidence of their corruption, officials say, and can choose to face trial or relinquish ill-gotten riches and go free. That process and the identity of some of the detainees have raised questions: Is the crackdown really a shakedown? Is it aimed at sidelining potential rivals to King Salman bin Abdulaziz’s favorite son and designated heir, Crown Prince Mohammed bin Salman? Some debate is inevitable in a country in which the definition of corruption is muddied by a long-tolerated system of patronage that’s allowed royals and Saudi businessmen to grow wealthy off government contracts and lucrative deals with multinational corporations."
'via Blog this'
No comments:
Post a Comment