Current:Home > InvestThe head of a Saudi royal commission has been arrested on corruption charges -Thrive Financial Network
The head of a Saudi royal commission has been arrested on corruption charges
View
Date:2025-04-15 13:49:24
DUBAI, 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.
veryGood! (94)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Court puts Ohio House speaker back in control of GOP purse strings
- Why Lady Gaga Hasn't Smoked Weed in Years
- A parent's guide to 'Beetlejuice Beetlejuice': Is it appropriate for kids?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Donald Trump might make the Oscar cut – but with Sebastian Stan playing him
- Jessica Pegula will meet Aryna Sabalenka in the US Open women’s final Saturday
- Walz says Gaza demonstrators are protesting for ‘all the right reasons’ while condemning Hamas
- The Daily Money: Spending more on holiday travel?
- Nevada inmate who died was pepper sprayed and held face down, autopsy shows
Ranking
- Nevada attorney general revives 2020 fake electors case
- Stakeholder in Trump’s Truth Social parent company wins court ruling over share transfer
- A small plane from Iowa crashed in an Indiana cornfield, killing everyone onboard
- Dolphins, Jalen Ramsey agree to record three-year, $72.3 million extension
- What do we know about the mysterious drones reported flying over New Jersey?
- Montana Gov. Gianforte’s foundation has given away $57 million since 2017. Here’s where it went.
- A Maryland high school fight involving a weapon was ‘isolated incident,’ police say
- Karen Read speaks out in rare interview with ABC's 20/20: When and where to watch
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
'National Geographic at my front door': Watch runaway emu stroll through neighborhood
How to talk with kids about school shootings and other traumatic events
Ben Affleck Flashes Huge Smile in Los Angeles Same Day Jennifer Lopez Attends Red Carpet in Toronto
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Donald Trump might make the Oscar cut – but with Sebastian Stan playing him
Woman who fell trying to escape supermarket shooting prayed as people rushed past to escape
15-year-old detained in Georgia for threats about 'finishing the job' after school shooting