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There was also the kidnapping and shakedown of Prince Alwaleed who used to be a familiar face in the news but disappeared for several years after the alleged ki
by onetimeusename 5y ago
There was also the kidnapping and shakedown of Prince Alwaleed who used to be a familiar face in the news but disappeared for several years after the alleged kidnapping.
From what I pieced together on Wikipedia it seems like a number of Saudi princes were kidnapped a few years back and forced to pay billions but I don't know all the details or what happened exactly.
The company is mostly owned by the Saudi government but I guess that means, really, the Crown Prince and it seems he's very active in management despite not being on the board or listed as an executive.
- FridayoLeary 5y agoI remember that. MBS had a huge number of princes and other high-level officials arrested and locked up in the local Hilton. It was called the most expensive prison in the world. I understand they were tortured etc. while they were held there. To be released, from bogus charges of "corruption" they had to pay enormous ransoms. Basically, the government needed quick cash and MBS wanted to consolidate his position a bit more.