Reuters: Round-up of Saudi princes, businessmen widens, travel curbs imposed
RIYADH (Reuters) - An anti-corruption probe that has purged Saudi Arabian royals, ministers and businessmen appeared to be widening on Monday after the founder of one of the kingdom’s biggest travel companies was reportedly detained.
The Saudi stock index was down 1.1 percent in early trade, and Al Tayyar Travel 1810.SE plunged 10 percent in the opening minutes after the company quoted media reports as saying board member Nasser bin Aqeel al-Tayyar had been held by authorities.
The company gave no details but online economic news service SABQ, which is close to the government, reported Tayyar had been detained in an investigation by a new anti-corruption body headed by Crown Prince Mohammed bin Salman.
Read more ....
WNU Editor: It appears that some are resisting .... Second Saudi prince dead in 24 hours? (India Today)
More News On Saudi Arabia's Purges And Arrests Continuing
Saudi Arabia carries out major purge, cementing crown prince's power -- DW
Dozens held in Saudi power purge -- The Australian/The Economist
Saudi Arabia tries to 'clean house' with stunning purge -- CNN
Saudi Arabia arrests: Corruption drive 'just the start' -- BBC
Saudi banks freeze accounts of suspects detained in probe: sources -- Reuters
Saudi Arabia Begins Freezing Bank Accounts of Corruption Suspects -- Bloomberg
Saudi officials warn they have the powers to freeze assets -- Financial Times
Saudi Corruption Purge Snares $33 Billion of Net Worth in Riyadh -- Bloomberg
Saudi Arabia says corruption probe detainees will face trial -- ABC News/AP