Saudi Crown Prince: Anti-Corruption Crackdown Was

New Post Public Reply Private Reply Replies (2) Message Board
PoemStone cashclan #30198
292
Saudi Crown Prince: Anti-Corruption Crackdown Was ‘Extremely Necessary’

< >

tjc60r_saudi-arabia-crown-prince-mohammed-bin-salman-is-warning-if-tehran-nuclear-e1521471920551-640x480.jpg

Saudi Crown Prince Mohammed bin Salman (MBS) defended his anti-corruption crackdown as “extremely necessary” in an interview with Norah O’Donnell of CBS News’ 60 Minutes on Sunday.
“All actions taken were in accordance with existing and published laws,” Prince Mohammed insisted, doubtless well aware of allegations to the contrary.

Asked whether the crackdown was just a “power grab,” MBS replied, “If I have the power and the king has the power to take action against influential people, then you are already fundamentally strong. These are naïve accusations.”

The Crown Prince agreed with reports that over $100 billion was collected by the Saudi government in settlements with detainees but insisted the crackdown was not about clawing back money.

“The idea is not to get money, but to punish the corrupt and send a clear signal that whoever engages in corrupt deals will face the law,” he said.

“Is this also about sending a message that, as we say in America, there’s a new sheriff in town?” O’Donnell asked.

“Absolutely. Absolutely,” he said.

MBS was unapologetic about his own extravagant lifestyle.

“I’m a rich person and not a poor person. I’m not Gandhi or Mandela,” he said. “I’m a member of the ruling family that existed for hundreds of years before the founding of Saudi Arabia. We own very large lots of land, and my personal life is the same as it was 10 or 20 years ago. But what I do as a person is to spend part of my personal income on charity. I spend at least 51 percent on people and 49 on myself.”

60 Minutes noted that Crown Prince Mohammed’s anti-corruption crackdown has been strongly supported by its highest-profile target, Prince Alwaleed bin Talal, and by top MBS adviser Mohammed al-Sheikh, who estimated that up to 10 percent of the Saudi government’s annual spending was simply “disappearing” into corruption.

Aside from his remarks on the anti-corruption crackdown, the most interesting part of MBS’ interview came when he described Saudis as “victims” of the 1979 Islamist revolution in Iran and the extremist occupation of the Grand Mosque in Mecca. He portrayed his cultural reforms as an effort to return to what Saudi Arabia was like forty years ago.

“We were living a very normal life like the rest of the Gulf countries. Women were driving cars. There were movie theaters in Saudi Arabia. Women worked everywhere. We were just normal people developing like any other country in the world until the events of 1979,” he said.

The Crown Prince will arrive in Washington to meet with President Donald Trump on Tuesday.
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hanover Unveils Skinny Veg® for GLP-1 Dieters

Updated Category News Views 4

Seems like Hanover Foods is turning heads with their move into the ever-demanding health-conscious market. This family's stepping into the limelight with their new Skinny Veg® line, clearly targeting folks riding the GLP-1 wave. You see, it's not every day that a company that's been around the block since 1924 shakes things up like this. Simplicity is the Name of the...

Continue Reading
Mandeville Pests: Health Dangers Lurking at Home

Updated Category News Views 1

Pest Trouble Brewing in Mandeville: A Health Alert There’s a storm brewing in Mandeville, Louisiana, and it's not the kind you can see rolling in on the horizon. We're talking about those sneaky pests going unnoticed in our homes. Folks, these pests aren't just a nuisance; they're ticking time bombs for public health. Take it from J&J Exterminating, who know a thing or...

Continue Reading
CUBEX Lights Up Veterinary Care with Mini Essential

Updated Category News Views 0

Inventory Woes? Meet Mini Essential If you’ve ever worked in or around veterinary hospitals, you know the old-school headaches of managing controlled substances. Picture this: piles of paper logs, end-of-shift recounting, and inevitable discrepancies that rear their ugly heads long after closing time. Enter CUBEX, shaking things up with their latest launch, Mini...

Continue Reading
ZEEKR's Shooting Brakes Dominate: Over 400K Sold

Updated Category News Views 2

ZEEKR's Stellar Performance in a Crowded Market Another month, another bumper crop for ZEEKR's shooting brakes. These beauties aren't just hanging in there; they're leading the pack. In August alone, global deliveries marched past the 10,000 mark for the third month running—a feat not easily achieved in today's saturated automotive landscape. It's no wonder the...

Continue Reading
Give Lively & Change Simplify CA Nonprofit Compliance

Updated Category News Views 0

A Fresh Wind Blowing for California Nonprofits So, here's a twist in the nonprofit world that's stirring the pot just right. Give Lively and Change have partnered up to tackle the thorny issue of regulatory compliance in California. It's a big win for the nonprofits looking to keep fundraising through Give Lively without getting tangled in the bureaucratic web spun up by...

Continue Reading
Aflac's $200M Milestone in Cancer Charity Support

Updated Category News Views 0

Pioneering Efforts Across Decades Here’s an effort that bucks the usual corporate talk. Aflac, the supplemental insurance giant, isn’t just mumbling about its mission; it's doing the heavy lifting in the fight against childhood cancer and blood disorders. With over $200 million in contributions poured into the cause over more than 30 years, they're putting the capital...

Continue Reading
Global Communication Works Opens SignlLabs™ AI Licensing

Updated Category News Views 6

AI Signaling Moves Beyond GCW's Own Clients Remember when we first looked at GCW's SignlLabs and the idea of helping brands show up inside ChatGPT, Gemini, Claude, Copilot and Perplexity? Well, Global Communication Works is taking the next step. Instead of keeping its AI Signaling playbook inside the agency walls, GCW is now opening SignlLabs up for licensing

Continue Reading
Alif Semiconductor Unveils StartKit for Edge AI MCU Fam

Updated Category News Views 3

Here's some clarity amidst the storm of buzzwords: Alif Semiconductor has rolled out something the market's been howling for—Edge AI that doesn't break the bank. It's less about slick press releases and more about real-world implications. We're talking accessibility with their dirt-cheap, small-form-factor StartKit platform for Ensemble and Balletto microcontrollers....

Continue Reading
Muscle Car Fever Revs Up in New Global TV Series

Updated Category News Views 2

Chasing the Dream on Wheels Amid the buzz of New York, there's a roar building up that's hard to ignore. It's a sound that echoes through time, capturing the imagination of petrol heads everywhere—those legendary American muscle cars are back in the limelight. I mean, who hasn't dreamt of launching down a highway in a '69 Ford Mustang? 'The Hunt for Rolling Treasure' is...

Continue Reading
Everpure Surges into the S&P 500: A Milestone Move

Updated Category News Views 10

Big Leagues Beckon: Everpure Enters the S&P 500 Another day, another dollar, but today ain't just any day for Everpure. They’re stepping up from the minor leagues and grabbing their spot in the illustrious S&P 500 lineup. We're talking about a milestone that every company dreams of, but few achieve—this ain't your regular Tuesday headline. Stock Market's Stamp of...

Continue Reading

Top 5 Most Recently Viewed Articles

Qualtrics Welcomes Rachita Sundar as CFO to Drive Growth

Updated Category News Views 38

Qualtrics Appoints Rachita Sundar as Chief Financial Officer Qualtrics, a leader in experience management, has announced that Rachita Sundar has joined the company as Chief Financial Officer (CFO). With a wealth of experience spanning two decades in finance leadership, Sundar is set to support Qualtrics' strategic direction. Background of Rachita Sundar Sundar arrives at...

Continue Reading
Understanding the Impact of CEL-SCI's Stock Offering

Updated Category News Views 235

Understanding CEL-SCI Corporation's Stock Fluctuations CEL-SCI Corporation (NYSE: CVM) has recently experienced a significant drop in its stock price, plunging 38.19% during after-hours trading to $8.06. This sudden movement came after the company announced a public offering worth $10 million, which was unexpectedly priced below the prevailing market rate. Details Behind...

Continue Reading
Fortis Inc. Announces Teleconference Details for Q3 2024

Updated Category News Views 120

Fortis Inc. Schedules Q3 2024 Financial Teleconference Fortis Inc. is excited to announce that it will release its third quarter financial results on an upcoming Tuesday in November. The event is set to take place on a specified day at 8:30 a.m. (Eastern Time). During this teleconference, David Hutchens, the President and Chief Executive Officer of Fortis, along with...

Continue Reading
Insights Into Omnicom Group's Upcoming Earnings Announcement

Updated Category News Views 94

Anticipation for Omnicom Group's Earnings Report Omnicom Group (NYSE: OMC) is set to unveil its quarterly earnings soon, and investors are eager to see the results. With analysts projecting an earnings per share (EPS) of $2.02, there is significant interest in how the company will meet or exceed this expectation. Understanding Earnings Guidance For investors, guidance...

Continue Reading
Discover a New Wine Experience at Cork2Glass

Updated Category News Views 194

Exciting New Wine Destination Opening Soon Cork2Glass is thrilled to announce the grand opening of its beautiful new venue in the heart of Cedar Park. This contemporary wine bar and boutique retailer is set to redefine how wine lovers experience their favorite drink. With a thoughtful focus on organic and premium wines sourced from around the globe, Cork2Glass promises a...

Continue Reading