Published date: 28 January 2021 17:40 UTC | Last update: 1 month 3 weeks ago
Ten Saudi state-run companies filed a lawsuit in Canada against former intelligence operative Saad al-Jabri, alleging he embezzled billions of dollars in a development that deepens a battle between Saudi Crown Prince Mohammed bin Salman and the country s former spymaster.
The companies, owned by Tahakom Investments - a subsidiary of the Saudi sovereign foreign wealth fund chaired by bin Salman, also known as MBS - filed the lawsuit in the Ontario Superior Court in Canada, where Jabri currently lives in exile.
The filing claims that Jabri colluded with his former boss, former Saudi crown prince Mohammed bin Nayef, and received $1.2bn in misappropriated funds, with bin Nayef allegedly transferring at least $55m to Jabri in illicit payments.