Current:Home > MarketsThe head of a Saudi royal commission has been arrested on corruption charges -Infinite Edge Capital
The head of a Saudi royal commission has been arrested on corruption charges
View
Date:2025-04-14 05:03:57
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! (4)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- 'America’s Grandmother' turns 115: Meet the oldest living person in the US, Elizabeth Francis
- Dylan Cease throws second no-hitter in San Diego Padres history, 3-0 win over Washington Nationals
- OpenAI tests ChatGPT-powered search engine that could compete with Google
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- A woman shot her unarmed husband 9 times - 6 in the back. Does she belong in prison?
- Booties. Indoor dog parks. And following the vet’s orders. How to keep pets cool this summer
- Major funders bet big on rural America and ‘everyday democracy’
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Newsom issues executive order for removal of homeless encampments in California
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- West Virginia official quits over conflict of interest allegations; interim chief named
- Youngest 2024 Olympians Hezly Rivera and Quincy Wilson strike a pose ahead of Olympics
- North Carolina review say nonprofit led by lieutenant governor’s wife ‘seriously deficient’
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- S&P and Nasdaq close at multiweek lows as Tesla, Alphabet weigh heavily
- Company says manufacturing problem was behind wind turbine blade breaking off Nantucket Island
- Judge declares mistrial in case of Vermont sheriff accused of kicking inmate
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Justice Kagan says there needs to be a way to enforce the US Supreme Court’s new ethics code
Hawaii businessman to forfeit more than $20 million in assets after conviction, jury rules
USA vs. France takeaways: What Americans' loss in Paris Olympics opener taught us
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Watch: Trail cam captures bear cubs wrestling, playing in California pond
Horoscopes Today, July 25, 2024
Powerball winning numbers for July 24 drawing: Jackpot at $114 million