Saudi ‘freezes bank accounts’ of Mohammed bin Nayef

Mohammed bin Nayef was Saudi Arabia's crown prince before his removal in June [File: Reuters]
Mohammed bin Nayef was Saudi Arabia’s crown prince before his removal in June [File: Reuters]

Mohammed bin Nayef, Saudi Arabia’s ex-crown prince who was removed as next in line to the throne in June, has reportedly become the latest royal family member to be targeted in the kingdom’s expanding anti-corruption crackdown.

According to Reuters news agency and the Wall Street Journal, bank accounts linked to Mohammed bin Nayef and some of his immediate relatives were frozen by Saudi authorities.

Both reports on Wednesday cited sources “familiar with the matter”. The Reuters report was also carried by Saudi state-owned media.

The freezing of Mohammed bin Nayef’s accounts came as Saudi authorities launched a new arrest campaign as part of the widening purge that began on Saturday, according to Reuters.

Dozens of royals, government officials and influential entrepreneurs have already been detained, facing a number of allegations, including money laundering and bribery.

Among those held are 11 princes, four ministers and several former ministers, in what is seen as an unprecedented crackdown that has shaken the kingdom.

Meanwhile, the number of domestic bank accounts frozen as a result of the purge is more than 1,700 and increasing, according to the reports.

High-profile detentions

The steps were the latest in a series of policies widely seen as an effort by Crown Prince Mohammed bin Salman to assert power over the country and its political and business elite.

On Saturday, King Salman bin Abdulaziz Al Saud announced that his son, the crown prince, would oversee a newly formed anti-graft commission that would purge the country of corruption.

Prince Alwaleed bin Talal, a billionaire businessman who owns investment firm, Kingdom Holding, was among those held. The list of detainees also included senior ministers who were recently sacked, such as Prince Mitaab bin Abdullah, the head of the National Guard, and Adel Faqih, the economy minister.

Mohammed bin Salman replaced his cousin, Mohammed bin Nayef, as the kingdom’s crown prince in June.

Mohammed bin Nayef made his first confirmed public appearance since his removal at the funeral on Tuesday for Prince Mansour bin Muqrin Al Saud, deputy governor of Asir province, according to Saudi media.

Mansour bin Muqrin died in a helicopter crash on Sunday. No cause has been given for the crash.

‘Rights concerns’

On Wednesday, US-based Human Rights Watch (HRW) said in a statement that the “mass arrests” carried out by Saudi Arabia raised human rights concerns

“The middle-of-the-night simultaneous establishment of a new corruption body and mass arrests over corruption raise concerns that Saudi authorities detained people en masse and without outlining the basis of the detentions,” Sarah Leah Whitson, Middle East director at HRW, said.

“While Saudi media are framing these measures as Mohammad bin Salman’s move against corruption, the mass arrests suggest this may be more about internal power politics,” she added.

The rights group noted that arbitrary detention is in contravention of international human rights law, and demanded those arrested be informed of the “specific grounds for their arrest” and ” be able to fairly contest their detention before an independent and impartial judge”.

“Saudi authorities have not disclosed the specific reasons for the detention of the dozens of other people since mid-September. But the detentions fit a pattern of human rights violations against peaceful advocates and dissidents, including harassment, intimidation, smear campaigns, travel bans, detention, and prosecution,” its statement added.

SOURCE: Al Jazeera and news agencies

http://www.aljazeera.com/news/2017/11/saudi-freezes-bank-accounts-mohammed-bin-nayef-171108210630650.html

3 replies

  1. I trust these billionaires have the majority of their holdings outside of Saudi Arabia, but, of course with blackmail and murder they could be forced to give up some of that too… The new Crown Prince needs money to continue his war in Yemen

  2. A billionaires think that he can do anything with his money… God has the right to put some one on the top, if he can avoid the act of the sin, he can stay living in Heaven. But many billionaires make sinful act, God Know it and put him on the disgrace place.
    Very sad
    All love❤️

  3. GOD REMIND MUSLIM AROUND THE WORLD!
    And among those Arab who are around you there are hypocrites, and among the people of Madinah as well. They are adamant on hypocrisy. You do not know them. We know them. We will chastise them twice, then they shall be driven to a terrible punishment (in the Hereafter). QS 9;101.

    Proven that most princes and clerics of Saudi Arabia are HYPOCRITES . Whereas Kaaba is near to them. They are not FEAR at all and pray more yhan 5 times a day.
    Very ashamed.

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