Swiss Probe If Late Saudi King's $100 Million "Thank You" Gift Broke Law

Tuesday, 16 March 2021Newsdesk
Swiss Probe If Late Saudi King's $100 Million "Thank You" Gift Broke Law
A Swiss prosecutor is probing whether the late Saudi king broke any laws when he transferred $100 million to a fund controlled by fellow royal Juan Carlos I of Spain in 2008.

New Delhi, 16 March 2021

As per news report of NDTV, last month, a hearing was held behind closed doors in Geneva to discuss a legal opinion that prosecutor Yves Bertossa sought from scholars on whether the payment by the late King Abdullah could constitute a crime under Saudi law, according to documents seen by Bloomberg. Bertossa first solicited the advice in a July 23 letter to the Swiss Institute of Comparative Law. Bertossa's request for an opinion came just a month after Spanish Supreme Court prosecutors announced they would investigate whether Juan Carlos, who abdicated and lost his immunity from prosecution in 2014, could be pursued for possible crimes linked to a high-speed train contract in Saudi Arabia won by a Spanish-Saudi consortium.

Source -NDTV

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