Saud Zio-Wahhabi Dynasty Still Squandering in an Age of Austerity
NOVANEWS
Al Saud Dynasty Still Squandering in an Age of Austerity
Saudi princes at a luxurious palace in Riyadh
Although the Saudi government canceled a quarter of a trillion dollars’ worth of projects back home as part of a fiscal austerity program, workers hustled to finish bright blue landing pads for helicopters at the vacation compound and to erect a tent the size of a circus big-top where the king could feast and entertain his enormous retinue, The New York Times introduced its long article which details the Saudi regime’s financial crimes.
“The people have less money than before, but the royal family have the same,” said Prince Khalid bin Farhan al-Saud, a dissident member of the extended family living in Germany. “There is a lot of state money which is concealed from the budge...