Sunday, July 19, 2020

Saad al Jabri wanted - billions missing

Fugitive Saad Al Jabri, a former top Saudi official, and his group at Saudi Arabia’s Interior Ministry misspent $11 billion in government funds, according to the Wall Street Journal. Al Jabri, on the run in Canada, ran a special Interior Ministry fund that was focused on high level counter-terrorism. Funds from the unit were funneled through a company called Technology Control Co, which was funded by the ministry but also owned at times by Al Jabri’s brother, his nephew and two close associates.
Al Jabri is considered a high-level national security asset by British and U.S. intelligence. Saad al Jabri has been living in Toronto after a 2017 palace coup in Riyadh that left Crown Prince Mohammed bin Salman as the de facto leader of Saudi Arabia. He is officially next in line to succeed his 84-year-old father, King Salman.

The Saudis attempted to have al Jabri arrested through an Interpol “red notice” in late 2017. Riyadh asked Canada to extradite him in the fall of 2019 even though there is no extradition treaty with the kingdom.