The American newspaper "Washington Post" reported, according to Saudi and American sources, that the Anti-Corruption Committee of Saudi Crown Prince Mohammed bin Salman is close to completing a detailed investigation into allegations of corruption and treason against Prince Muhammad bin Nayef after 4 months of his arrest.
The American newspaper added today that the Anti-Corruption Commission is preparing to accuse the former crown prince and former interior minister Mohamed bin Nayef of seizing $ 15 billion while he was running the ministry's anti-terrorism programs.
The committee says that bin Nayef illegally transferred the said funds through bogus companies and special accounts, but the newspaper indicated that documents it had seen from those close to Muhammad bin Nayef showed that the accusations against him were false.
An important investigative article for David Ignatius in The Washington Post, in which he provides information and backgrounds of the conflict of #Muhammad_Ben_Salman and #Mohammad_Bennayef and the first plot to prosecute the second for corruption cases..I will start from the most important information that is published for the first time and the custody of him and convey it from American and Saudi sources on the day MBS ousted MBN pic.twitter .com / i64qPyUdv6
- Mohamed Moawad (@moawady) July 5, 2020
Secret activities
According to the documents, the Fund's secret financial activities obtained the approval of the late King Abdullah bin Abdulaziz, at least in its broad outlines, as in 2007 a royal decree was issued approving the activities of Muhammad bin Nayef within the programs of combating terrorism and the detailed annual report on spending on Those programs.
In 2007, Prince Bin Nayef held the position of Assistant Minister of the Interior, years before he assumed the position of Minister between 2012 and 2017.
In early May of 2013, Muhammad bin Nayef submitted a report to the late King Abdullah summarizing secret spending on anti-terrorism programs for the same fiscal year, in which the prince requested royal approval for financial allocations of 5 billion Saudi riyals, equivalent to $ 1.3 billion to finance 8 projects.
After 3 days of submitting the report, the Royal Court agreed to Bin Nayef's request to finance projects, including building a secret airport and purchasing weapons.
Bin Nayef's attorneys
The Washington Post quoted one of Bin Nayef's aides as saying that his team of lawyers keeps these documents in Britain and Switzerland, and they will be available in any legal or international action that may occur in the future.
It is noteworthy that before the arrest of the previous crown prince on the seventh of last March, Prince Muhammad bin Nayef had been under house arrest since his ouster from the crown prince by the current crown prince, Mohammed bin Salman in June 2017.