Current:Home > NewsThe head of a Saudi royal commission has been arrested on corruption charges -FinTechWorld
The head of a Saudi royal commission has been arrested on corruption charges
View
Date:2025-04-17 04:12:26
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! (83)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Colorado high court to hear case against Christian baker who refused to make LGBTQ-themed cake
- How Ohio's overhaul of K-12 schooling became a flashpoint
- More evidence that the US job market remains hot after US job openings rise unexpectedly in August
- The Daily Money: Spending more on holiday travel?
- Pakistan announces big crackdown on migrants in the country illegally, including 1.7 million Afghans
- Mother's quest for justice continues a year after Black man disappeared
- Pennsylvania inmates sue over ‘tortuous conditions’ of solitary confinement
- Meta releases AI model to enhance Metaverse experience
- An emergency alert test will sound Oct. 4 on all U.S. cellphones, TVs and radios. Here's what to expect.
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Sheriff Paul Penzone of Arizona’s Maricopa County says he’s stepping down a year early in January
- Feds expand probe into 2021-2022 Ford SUVs after hundreds of complaints of engine failure
- Pope Francis opens possibility for blessing same-sex unions
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- New Mexico’s governor tests positive for COVID-19, reportedly for the 3rd time in 13 months
- Grimes Sues Elon Musk Over Parental Rights of Their 3 Kids
- Jodie Turner-Smith files for divorce from husband Joshua Jackson, asks for joint custody
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Why college football is king in coaching pay − even at blue blood basketball schools
Oklahoma woman riding lawn mower at airport dies after plane wing strikes her
Judge says freestanding birth centers in Alabama can remain open, despite ‘de facto ban’
Average rate on 30
National Democrats sue to block Wisconsin’s absentee voting witness requirements
Brazil’s government starts expelling non-Indigenous people from two native territories in the Amazon
Kia, Hyundai among 3.3 million vehicles recalled last week: Check car recalls here