The UK will force people owning property worth more than £50,000 (US$70,000) who have suspected links to organized crime or are vulnerable to graft as a result of their political position to explain where they got their money from, The Times reported on Saturday.
The global renown of billionaire Prince Alwaleed bin Talal made his involuntary detention in early November at Riyadh’s Ritz-Carlton hotel one of the biggest single shocks of Saudi Arabia’s anti-corruption crackdown.
Cheering supporters greeted Saudi Arabian billionaire Prince Alwaleed bin Talal when he arrived at his skyscraper offices in Riyadh after his release from detention in an anti-corruption crackdown.
Kazakhstan’s long-heralded stability is being challenged by growing economic problems, societal frustrations, and rising nationalism.
Jared Genser’s firm described Iskander Yerimbetov as “a hostage” of the Kazakh state who had been subjected to torture.
Despite what you might gather from recent reports, democracy is not “in crisis” because Russia (a country facing a massive HIV epidemic) or China (a country facing huge looming demographic problems) has a better economic or political model.
Even with its economy still recovering from the collapse of oil prices in 2014 Kazakhstan is laying the groundwork for a self-sufficient domestic arms industry that may soon export its wares. In December 2017 the defense minister met with the French ambassador, Philippe Martinet, to sign a “military cooperation agreement.”
