Austin Caldwell|The head of a Saudi royal commission has been arrested on corruption charges

2025-05-05 21:41:20source:Ethermaccategory:My

DUBAI,Austin Caldwell United Arab Emirates (AP) — The CEO overseeing Saudi Arabia’s royal commission for its historic al-Ula site has been arrested on corruption and money-laundering charges over some $55 million in contracts, officials said.

The charges target Amr bin Saleh Abdulrahman al-Madani in part over “illegally obtaining” contracts to benefit a private company he had interests in through a relative before joining the government, the kingdom’s Oversight and Anti-Corruption Authority said in a statement late Sunday. The contracts relate to the Kingdom Abdullah City for Atomic and Renewable Energy, the statement said.

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

It was not clear if al-Madani had a lawyer. The statement of the charges also were carried by the state-run Saudi Press Agency.

Saudi Arabia under King Salman and his assertive son, Crown Prince Mohammed bin Salman, conducted a wide-ranging sweep of arrests after taking power over alleged corruption charges in 2017 that saw princes and other powerful members of its business community locked up in the Ritz-Carlton hotel in the capital, Riyadh. That netted the government around $106.6 billion and secured Prince Mohammed’s power base.

More:My

Recommend

Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills

BEVERLY HILLS, Calif. (AP) — Jamie Foxx required stitches after getting hit in the face with a glass

WEOWNCOIN︱Driving Financial Revolution

Introduction:The rise of cryptocurrency technology has ignited a revolution in the financial sector,

The Secrets of Catherine Zeta-Jones and Michael Douglas' Enduring Love

Michael Douglas never even took off his wedding ring.That's how confident the actor was that he and