Corruption
Many Saudi princes have been released – quietly – from “5-star prison Ritz Carlton Hotel” after agreed to pay in exchange for their freedom. The highest corruption settlement so far is Prince Miteb bin Abdullah who reportedly paid US1 billion for his freedom. He was the closest challenger for the throne of Kingdom of Saudi […]
... written on Dec 25 2017He was already a proud owner of a super-yacht costing US$550 million before being exposed as the lucky guy who splashed a whopping US$450.3 million on Leonardo da Vinci’s “Salvator Mundi”. It was rather strange for a Muslim spending a fortune on a painting depicting Jesus Christ as a Renaissance man dressed in flowing blue […]
... written on Dec 18 2017In a sign of more trouble ahead, Saudi Arabia has secretly drafted a plan to further remove subsidies as the kingdom tries to offset the impact of its struggling economy – thanks to low crude oil prices. In spite of oil price rally recently, the latest due to a 450,000-bpd pipeline shut down in the […]
... written on Dec 13 2017From where did he get the extraordinary amount of money to buy the world’s most expensive painting? For a while, the world was left in astonishment after Leonardo da Vinci’s “Salvator Mundi” – dating back to 1500 – was sold to a mysterious buyer who splashed a whopping US$450.3 million. People thought it must have […]
... written on Dec 08 2017Malaysian celebrities are one of the lamest when comes to speaking up against the government of the day. It’s extremely rare they bite the hand that feeds them. That’s because the government could easily cripple their rice bowl by instructing the relevant agencies to boycott them. Without appearance or show opportunities, they would be denied […]
... written on Dec 07 2017China is today the world’s biggest economy. But the Middle Kingdom didn’t transform itself into a wealthy nation overnight without lifting a finger. It had been invaded and colonised by various empires – from Mongolia to Manchuria, Russia, United States, Britain, France, Italy, Germany and Japan. Amazingly, the Chinese didn’t perish but emerge stronger over […]
... written on Nov 27 2017What does Malaysian Mahathir Mohamad, Filipino Ferdinand Marcos, Egyptian Hosni Mubarak, Indonesian Suharto and now Zimbabwean Robert Mugabe has in common? They were all once dictators who ruled with iron fist without regards to basic human rights. More importantly they were highly corrupted dictators who get to retire – fabulously rich. Mahathir retired after […]
... written on Nov 24 2017About 200 Saudi princes, ministers, senior military officers and wealthy businessmen are still being held in 5-star prison Ritz-Carlton in Riyadh. But soon, they could walk out free again, despite allegations of corruption and money laundering. The fact that they weren’t officially charged till today suggests that the Saudi government wasn’t interested in their despicable crimes […]
... written on Nov 17 2017Trump was at the centre of attraction at the 2017 Asean Summit in Manila, Philippines. But the superstar was none other than the host President Rodrigo “Rody” Roa Duterte. The Filipino leader gets to rub shoulders with the world’s most powerful man, despite breaking every possible law concerning human rights, something cherished by the U.S., […]
... written on Nov 14 2017The Saudi government is aiming to confiscate cash and other assets worth as much as US$800 billion (£610 billion; RM3.38 trillion) in its massive crackdown on alleged corruption and money laundering among the kingdom’s elite – reported Wall Street Journal. Prince Alwaleed bin Talal, easily the richest among a busload of princes detained, worth close […]
... written on Nov 09 2017
