King Abdullah bin Abdul-Aziz the 87 year old King of Saudi Arabia Legal and illegal ways that royals grab money (March 7 2011)

King Abdullah bin Abdul-Aziz the 87 year old King of Saudi Arabia and one of the world’s wealthiest royals has come under greater scrutiny following a significant release of documents from Wikileaks as to how his royal family receive such large volumes of wealth both legally and illegally. Schemes to finance Abdul-Aziz’s family members include allocating a million barrels a day of oil to six of his princes, and siphoning billions yearly from defense and infrastructure projects to thousands of other family members. The Wikileaks release of the documents on the eave of anti-government protests will likely fuel anger among the Saudi people at the enormous scale and nature of the payments, despite recently announced social welfare concessions.

 

Inspired by Gus Lubin ow.ly/48KJ3 image source Wikipedia ow.ly/48KOj