Bin Salman Seeks to Seize the Wealth of Former King Abdullah

A French newspaper revealed serious details about Muhammad bin Salman’s assigning a secret team to inventory the assets of the wealth of former King Abdullah bin Abdulaziz in order to seize it and use it to complete the implementation of his plans. The French newspaper, “Intelligence Online”, pointed out that the Saudi authorities, under the guidance of Bin Salman, are continuing their moves in London and New York to find hidden assets owned by the sons and family of King Abdullah bin Abdulaziz.

The newspaper pointed out that Riyadh employs a number of specialized agencies in the field of corporate intelligence for this purpose, headed by the American Intelligence Company (K2) that is linked to a contract with Riyadh to search for assets owned by the King Abdullah family.

Investigations focused, according to the newspaper, on the mysterious trust funds associated with the King Abdullah University of Science and Technology, and most of the contracts of King Abdullah University went to the prestigious Saudi Oger and Bin Laden groups, both of which have undergone a major liquidation and restructuring during the past years.

It is noteworthy that the sons of King Abdullah, especially those residing in exile such as Abdulaziz bin Abdullah, are currently subject to special scrutiny by the Saudi regime.

According to the newspaper, the Saudi authorities imprisoned businessman Abdullah al-Shehri, who was the financial advisor to the former defense minister, a few weeks ago and remains in detention, and has been asked to provide information about Sultan’s use of government contracts to give wealth to his family.

Targeting and confiscating assets and wealth of princes by the regime has become the most important way for bin Salman to solve his economic problems, especially after the great damage to the Saudi economy due to the tremendous costs incurred in its aggression against Yemen nearly 6 years ago, in addition to the catastrophic collapse in oil prices and the outbreak of the Corona virus.