Saudi Princes Deny Laundering Claim

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In addition to the Guardian, the Financial Times also got access to the London court papers of a case involving two Saudi Princes:

A brother and nephew of Saudi Arabia’s King Abdullah were involved in a scheme to launder millions of dollars, including to the Lebanese militant group Hizbollah, according to a London court claim filed by a former business partner.

Prince Mishal bin Abdulaziz al Saud, a former defense minister, and his son, Prince Abdulaziz, have rejected the allegations as “scandalous and outrageous”. Their lawyers have argued that they amount to a malicious attack on their reputations, and “extortion”.

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