undergroundnewsroom.com
undergroundnewsroom.com November 20, 2017


Saudi Arabia arrests 11 princes and four ministers in 'consolidation of power'

06 November 2017, 02:08 | Damon Campbell

King Salman

King Salman

Prince Alwaleed, a nephew of the king and owner of investment firm Kingdom Holding, invests in firms such as Citigroup and Twitter.

Those detained included a number of government officials including Prince Turki bin Abdullah, former governor of Riyadh province, Khalid Al Tuwaijri, former chief of the Royal Court and Ibrahim Al Assaf, former finance minister, according list published by Reuters.

Saudi-owned Al Arabiya television said that "11 princes, tens of former ministers and four current ministers were arrested", but it did not disclose any names.

Earlier, Kingdom Holding reported it swung to a third quarter profit after restating the same year ago period to a loss.

Already viewed as the de facto ruler controlling all the major levers of government, from defence to the economy, Prince Mohammed is widely seen to be stamping out traces of internal dissent before a formal transfer of power from his 81-year-old father King Salman.

The purge against the kingdom's political and business elite also targeted the head of the National Guard Prince Miteb bin Abdullah who was detained and replaced as minister of the powerful National Guard by Prince Khaled bin Ayyaf. One of the world's richest men, Alwaleed has significant equity holdings in several US technology companies, as well as stakes in Saudi companies across the real estate, retail and petrochemical industries. Phone lines to the hotel have been cut off since Sunday morning.

Iraqi Forces Recapture More Territory from ISIS in Anbar
On Oct. 26, the security forces initiated their advance towards the last urban IS stronghold in Iraq near the Iraqi-Syrian border. Yahya Rasoul, a spokesman for Joint Operations Command, confirmed to CNN that Qaim had been "fully liberated".

Saudi Arabia intercepts ballistic missile northeast of Riyadh
More than two years on, the war against Houthi rebels has turned into a quagmire for the kingdom and its Arab allies. Iran denies it has provided material support, though it acknowledges its political support of the Houthis.

Adviser he once called 'excellent' was really a 'young low level volunteer'
One suspects, from his delivery, that if Jason Voorhees had been listed, Trump would have read his name and said: "Hockey player". Still, the email casts more doubt on the Trump's team's claim that they had no interest in a meeting with Putin's office.

"People will be looking at any kind of global holdings of the people who have been arrested, to see what will be the impact".

Saudi Arabia announced on Saturday that it established a "supreme committee" to investigate public corruption.

"The homeland will not exist unless corruption is uprooted and the corrupt are held accountable", the royal decree said.

Alwaleed was giving interviews to the Western news media as recently as late last month about subjects like so-called crypto currencies and Saudi Arabia's plans for a public offering of shares in its state oil company, Aramco.

The arrests follow the king's dismissal of top ministers and a crackdown on dissidents.

The government said the anti-corruption committee has the right to issue arrest warrants, impose travel restrictions and freeze bank accounts.



Other News

Trending Now

Texas church is scene of shooting
KSAT reports that two Airlife helicopters are also at the scene. "Our prayers are with all who were harmed by this evil act", Gov. Police said the gunman was dead and there was no longer an active shooter at large.

Facebook: 88% of ad revenue is from mobile
The latest user numbers: Facebook daily active users were up 16% to 1.37bn, while monthly active users were up 16% to 2.07bn. The company says it's getting better at targeting ads at its users and that's helped push up how much it charges for ads.

Jahlil Okafor Wants Out Of Philadelphia
With his time reduced from 30 minutes per game to 22.7 last season, he slipped to 11.8 points and 4.8 rebounds per game. Okafor called it "fine" that he's out of the rotation, but was adamant about wanting to play elsewhere.

Trump campaign adviser Page met Russian officials in 2016 Moscow trip
The committee has asked Page to produce more documents, according to members, to comply with the subpoena they previously issued. Last month, Sessions told the same committee he was not aware of any Trump surrogates having contacts with Russian officials.

"Kiddie" fire extinguisher recalled after one death and 16 injuries
This comes three years after a vehicle fire that turned fatal after a Kidde fire extinguisher failed to work. The affected models were sold in red, white and silver , and are either ABC or BC rated, the CPSC said .

More than 40M fire extinguishers that may not work recalled
The U.S. government is recalling nearly 40 million fire extinguishers, for fear that the products may not work in an emergency. Owners should contact Kidde to ask for a replacement and for instructions on how to return recalled models.

Buhari holds closed door meeting with Tinubu
Asiwaju Bola Tinubu, yesterday refused to comment on the calls for President Muhammadu Buhari to seek re-election in 2019 polls. The post Govs struggle to take pictures with new SGFat APC caucus meeting appeared first on Vanguard News .

John Wall still recovering from sprained left shoulder, out vs. Raptors
Throughout his career, James is now holding at 27.1 points per game career average, which is fourth all-time in league history. His struggles date back to the beginning of the season and have continued to be a concern for the fans and the organization.

Michael Fallon quits as defence secretary
Sir Michael Fallon has resigned as Defence Secretary as British politics is engulfed in a sexual harassment scandal. He is the first politician to quit following recent claims of serious sexual abuse in United Kingdom parliament.

Qualcomm accuses Apple of sharing proprietary information with Intel
Notably, the lawsuit comes days after a report that Apple is designing future generation iPhones that don't use a Qualcomm chip at all.