HomeBuisnessThe CEO of Saudi Arabia in a royal commission was arrested for...
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The CEO of Saudi Arabia in a royal commission was arrested for corruption PiPa News

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The CEO of Saudi Arabia in a royal commission was arrested for corruption

DUBAI, United Arab Emirates –

The CEO in charge of Saudi Arabia’s royal commission for the historic al-Ula site has been arrested on charges of corruption and money-laundering over $55 million in contracts, officials said.

The indictments target Amr bin Saleh Abdulrahman al-Madani in part for “illegal acquisition” of contracts to benefit a private company he owned through a relative before joining the government, Oversight and Anti said. -Corruption Authority of the kingdom in a statement on Sunday. The contracts are related to the Kingdom Abdullah City for Atomic and Renewable Energy, the statement said.

Al-Madani is said to have also recommended the private company for additional contracts through his commission work for al-Ula, an ancient desert city that is a focus of Saudi Arabia’s push for tourists. .

It was unclear whether al-Madani had a lawyer. The statement of charges was also carried by the state-run Saudi Press Agency.

Saudi Arabia under King Salman and his tyrannical son, Crown Prince Mohammed bin Salman, has carried out a sweeping sweep of arrests since taking power on alleged corruption charges in 2017 that have seen prince and other powerful members of its business community are trapped in the Ritz-Carlton hotel in the capital, Riyadh. It cost the government nearly $106.6 billion and captured the power base of Prince Mohammed.

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