Wednesday, April 20, 2016

Why Are The Oil Sheikhs Hiding Their Money?

Pete Souza/White House

Maajid Nawaz, The Hill: Obama in Saudi Arabia: What Do These Oil Sheikhs Have to Hide?

A look at the Panama Papers revelations shows how insecure the Middle East’s absolute leaders have become.

LONDON — On Thursday, President Barack Obama will meet with the kings and emirs of the Gulf Cooperation Council in Saudi Arabia. And of the many things they may talk about (Iran, Syria, Yemen, al Qaeda, and ISIS, not to mention oil prices and the efforts by U.S. lawyers and politicians to blame the 9/11 attacks on the Riyadh royals), it’s doubtful they will do much talking about the Panama Papers. But they certainly should.

It’s been more than a year since an anonymous source contacted journalist Bastian Obermayer at the German newspaper Süddeutsche Zeitung asking a simple yet devastating question, “Want data?”

“How much?” Obermayer asked.

Read more ....

WNU Editor: Considering on what has happened .... and is happening throughout the Middle East .... you would be a fool not to have a "safe nest-egg" somewhere else.

4 comments:

James said...

A whole lot of people there have one foot in the office and the other on a plane.

War News Updates Editor said...

That is a good one James.

Bob Huntley said...

Eggs and baskets.

Jay Farquharson said...

When you are bribing Western Politicians, the Pentagon and the MSM, it doesn't look good to just write a cheque from your personal account,

That's where Shell Companies and offshore accounts come in handy.