Bin Salman holds 36% of the construction giant Bin Laden Group



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Saudi newspaper Al-Sabd reported Thursday that the government would acquire 36.2 percent of giant construction conglomerate Bin Laden in a settlement with its president.

This disclosure confirms the information leaked by the famous Saudi singer on Twitter; January 19, 2007, regarding the ambitions of the Saudi Crown Prince, Mohammed bin Salman, for the property of the leader of bin Laden's construction group, Bakr bin Laden, a former Ritz-Carlton inmate.

The newspaper quotes anonymous sources: The news included the survival of 15 members of the bin Laden family as partners in the group's ownership of 63.8%. "

Al-Mal indicated that the restructuring was aimed at" preserving the group and protecting it from bankruptcy that threatens its fate due to the difficulties faced by the group's management "following the recent arrest of his President Bakr bin Laden and his detention at the Ritz-Carlton. "

The company or the Saudi government did not release the official confirmation of the restructuring in the form disclosed, but it is in agreement with the previous media reports.

Reuters previously reported that the Saudi government had acquired Bin Laden Group, and cited the company that some of its shareholders may waive (19659002) The Swiss newspaper "Neue Tsurker Zeitung" has already revealed that the group's coverage Real Estate Bin Laden in Saudi Arabia is part of the campaign launched by Crown Prince Mohammed bin Salman for his corruption. "One of the largest companies in the country has benefited from decades of close relations with Al Saud, and its inclusion in the recent campaign aims to mobilize them to implement the vision of the Crown Prince."

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Last November, Saudi Arabia launched a campaign of arrests of about 200 princes, ministers and men at the Ritz-Carlton Hotel business in Riyadh as part of what the government considered an anti-corruption campaign, thanks to this campaign, which has a lot of doubts about its legitimacy, it has obtained more than 100 billion dollars of money detained.

The arrests confirm – without a doubt – that the goal was not corruption, evidence of the release of many detainees after months without trial.

Also confirms the illegitimacy of the unprecedented campaign with the convictions and denunciations of international human rights institutions The need to release detainees because they

Human Rights Watch, the international rights organization of the man, demanded that the Saudi authorities immediately disclose the legal basis and evidence necessary for the detention of each person and ensure that each of them can exercise its legal rights,

The Department US state criticized the human rights situation in Saudi Arabia in its latest annual report, claiming that arrests of princes and preachers in the kingdom "took place outlawing."

Arbitrary form, "indicating that the authorities did not have You have lawsuits from princes and businessmen of Saudi detainees, while some were released in return for financial institutions. [19659014] [ad_2]
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