I plead ignorance on this topic, so I will present the news as I read it, and analysis by others. First, the news:
Arutz Shiva (Israel National News): Saudi Arabia arrests 10 princes and dozens of former government ministers amid a corruption probe.
Saudi Arabia on Saturday arrested 10 princes and dozens of former government ministers immediately after an anti-corruption commission was established, AFP reported.
In addition, the powerful heads of the Saudi National Guard, an elite internal security force, and the navy were replaced in a series of high-profile sackings that sent shock waves in the kingdom.
The developments follow a political crackdown in September as Crown Prince Mohammed bin Salman, set to be the first millennial to occupy the Saudi throne, cements his grip on power.
“Arrest of 10 princes and dozens of former ministers in Saudi Arabia,” Saudi-owned Al Arabiya television reported, citing unnamed sources.
The news of the arrests came soon after the anti-corruption commission, headed by Prince Mohammed, was established by royal decree.
According to AFP, which cited local media reports, Saudi billionaire Prince Al-Waleed bin Talal was among those arrested, but there was no official confirmation. The prince was not immediately reachable for comment.
An aviation source told AFP that security forces had grounded private jets in the Red Sea city of Jeddah, potentially to prevent any high-profile figures from leaving.
The arrests come less than two weeks after Prince Mohammed welcomed thousands of global business titans to Riyadh for an investment summit, showcasing his economic reform drive for a post-oil era.
Analysis on Twitter by Imperator_Rex, unrolled version compliments of Thread Reader:
1. Brief observations on today’s Trump tweet & the Saudi corruption crackdown.
2. Saudi Arabia was Trump’s first foreign trip as POTUS. Such was it’s importance that he took almost all his key people with him.
3. It was a two day trip, focusing on terrorism & trade. But what many missed was that this was also the beginning of a new alliance.
4. The speech Trump made was astonishing. It will go down as one of the most important speeches ever made by a POTUS.
5. Everyone should read it –
6. Many also forget that Saudi has been in economic decline in recent years, linked to the American energy boom:
7. However, as the Sunni capital of the Arab world (pun), KSA is absolutely pivotal to regional peace in the ME. And that’s another thing.
8.WE see the ME as a collection of nations defined by borders. Arabs see the region as a collection of tribes, defined by religion & family.
9. Trump understands this & believes in trade & profit as a force for good. He respects and trusts the Arabs to take care of THEIR business.
10. Trump also sees something VERY special in the 32 year old reforming Crown Prince, Mohammed bin Salman.
11. @ThomasWictor has been way ahead of the game about bin Salman. It’s difficult to overstate how significant this young man is.
12. So my take is that Trump saw an opportunity for a fantastic DEAL. Both parties have leverage – the US is key to Saudi economic/..
13. /survival, while Saudi is the key for sustained ME peace and prosperity.
14. When he went, Trump ALSO knew that KSA citizens have been buying off American politicians, as well as making donations/..
15. /…. to high profile US ‘not for profits’ to lobby, influence & ‘other activities’.
16. And that said NFPs are useful vehicles for money laundering.
17. Read Trump’s tweet at the start of the thread, posted almost simultaneously with bin Salman rounding up key figures in KSA/..
18. /…for corruption & money laundering. As usual, the braindead MSM take it as Trump pleading for KSA to list Aramco on the NYSE.
19. These media outlets are beyond parody now. They’re 100% wrong, 100% of the time.
Donald Trump has publicly pleaded with Saudi Arabia to sell shares in its national oil company, Aramco, on the New York Stock Exchange. “Would very much appreciate Saudi Arabia doing their IPO of Ara…
20. What actually happened? KSA’s rulers ASKED Trump whether he would permit them to list Aramco on the NYSE. To revive their economy.
21. Trump gave the thumbs up,in return for the KSA rounding up ALL the key players involved in corruption & money laundering inside the USA.
22. As well as within the KSA. KSA’s rulers would be more than happy to do this, especially Bin Salman, a genuine reformer & visionary.
23. Trump also assigned responsibility to the young man to create a new ME, with US support where needed.
24. So the tweet above is Trump messaging to the KSA that as they have lived up to their part of the bargain, he will now live up to his.
25. They will get their wish, to list Aramco on the NYSE. Also – if they continue the reform drive, they will continue to enjoy US support.
26. And woe betide them if they don’t. Bin Salman understands that Trump is a great ally & friend, but also a fearsome adversary.
27. As MANY very high profile American politicians and bureaucrats are about to find out themselves, including Hillary Clinton (IMHO).
28. The Aramco listing & Bin Salman takedown are linked. They advance both parties interests in significant ways. What’s it called again?
29. Oh yeah, that’s right. It’s a deal. But in this case, it’s also a great example of THE ART OF THE DEAL.
30. The end.
31. ADDENDUM – Podesta Group involvement
32. If you want to see what’s about to come down in the USA, observe the technique the Saudis used – mass arrests.
33. It’s the only way to ensure that everyone implicated can’t abscond, run to media friendlies and/or (hate to say this) suicide.
34. The only difference is that there may be more arrests than in KSA & the people involved will be extremely high profile.
35. I’m assuming that the US authorities would have been aware that KDS was about to do this. In fact, it’s /…
36. /..entirely possible that the KSA action was agreed by both administrations to happen before the American takedown.
37. My advice – take a deep breath, stay inside and buckle up. #TheStorm is almost upon us.
38. Stay safe, friends.