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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Saudi Arabia Freezes Financial Accounts of Detainees on the Background of Corruption Cases

    Rocky
    Rocky
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    Posts : 268219
    Join date : 2012-12-21

    Saudi Arabia Freezes Financial Accounts of Detainees on the Background of Corruption Cases Empty Saudi Arabia Freezes Financial Accounts of Detainees on the Background of Corruption Cases

    Post by Rocky Mon 06 Nov 2017, 1:15 am

    [ltr]Saudi Arabia Freezes Financial Accounts of Detainees on the Background of Corruption Cases[/ltr]

     From 2017-11-05 at 19:08 (Baghdad time)
    [ltr]Saudi Arabia Freezes Financial Accounts of Detainees on the Background of Corruption Cases 25[/ltr]
    [ltr]Mawazine News - Follow up[/ltr]
    [ltr]Saudi authorities announced on Sunday they would freeze bank accounts of people arrested in the kingdom on corruption charges, including billionaire Prince Alwaleed bin Talal.[/ltr]
    [ltr]The news sites quoted the Ministry of Information through the Center for International Communication authorized to communicate with foreign media that "the amounts that appear to be linked to corruption issues will be returned to the treasury of the State of Saudi Arabia."[/ltr]
    [ltr]Shares of Kingdom Holding Company, the international investment group owned by Saudi Prince Alwaleed bin Talal, dropped 95 percent of its capital by 9.9 percent at the start of trading on Sunday morning after reports of his arrest.[/ltr]
    [ltr]Tadawul, the largest stock exchange in the Arab world, fell 1.6 percent after a minute of trading following an unprecedented crackdown in Saudi Arabia involving 11 emirates and dozens of current and former ministers. Kingdom Holding Shares in major global companies including Citigroup, Apple Inc. and the resort of Yurodizny are further down as Saudi stock exchange rules prevent stocks from falling more than 10 percent in one session.[/ltr]
    [ltr]Kingdom Holding has lost about 15 percent of its value since the beginning of the year. The decline was recorded despite the company's earlier announcement on Sunday that its third-quarter profit and first nine months of the year were higher than those of last year.[/ltr]
    [ltr]This came at a time when 11 emir, four current ministers and dozens of former ministers were arrested on Saturday evening in Saudi Arabia, hours after Saudi King Salman bin Abdul Aziz set up an anti-corruption committee to head his son, Crown Prince Mohammed bin Salman.[/ltr]
    [ltr]Royal orders were also issued to exempt the Minister of National Guard and the Minister of Economy and Planning and to refer the Commander of the Navy to retire[/ltr]




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