Thursday, November 09, 2017

Billionaire With Deep Investments in Ethiopia Arrested in Saudi Anti-corruption Sweep

(Nov 09, (WASHINGTON))--Sheikh Mohammed Hussein al-Amoudi is a billionaire, and by most estimates, one of the richest African-born people in the world. He travels the globe managing his businesses and meeting with heads of state.

But he now finds himself in the midst of an anti-corruption sweep in Saudi Arabia. He was arrested in the Saudi kingdom last Saturday, and he is one of dozens of elite detainees sleeping on mattresses on the floor of a well-guarded ballroom at the Ritz-Carlton, Riyadh, awaiting the next steps by Saudi authorities.

The exact charges are unclear, but in an email to VOA, Tim Pendry, al-Amoudi’s London-based spokesman, insisted the arrest would not affect al-Amoudi’s international business empire. Read more from Voice of America »

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