The cat is out of the bag. Last week I had written in my article that KSA arresting all these Princes and the businessmen were nothing more than a move to seize their assets in my opinion. And today Financial Times Of London reported that they have been approached by many advisors to the detained people in KSA who confirmed to FT that Prince Mohammad Bin Salman’s office has begun the process of negotiating the deal. I had also mentioned in my article of last week that the total net worth of all the people arrested exceeded 3 Trillion Riyals and confiscating now, 70% of it solves all Saudi problems for years to come. It takes care of their account deficit of more than $79 billion dollars for this year. It takes care of the depressed oil prices for the two years. It somewhat also takes care of the arms deal recently penned down with America. And most of all it establishes an iron grip on the affairs of KSA by MBS. The aspiring Crown Prince. I did not have a magic wand when I predic...
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