"The crown prince has moved so quickly that American officials and others worry that he is destabilizing the region. Signs of potential blowback are growing.
Investors, nervous about his plans, have been moving money out of the kingdom. Prince Mohammed has sought to counter the capital flight by squeezing detainees and others to surrender assets. He has presented the arrests as a campaign against corruption, but his targets call it a shakedown, and he has turned for advice to a former Egyptian security chief who has been pilloried at home for brutality and graft.
Prince Mohammed’s supporters say he is simply taking the drastic measures needed to turn around the kingdom’s graft-ridden and oil-dependent economy while pushing back against Iranian aggression."
https://www.nytimes.com/2017/11/14/world/middleeast/saudi-arabia-mohammed-bin-salman.html
Investors, nervous about his plans, have been moving money out of the kingdom. Prince Mohammed has sought to counter the capital flight by squeezing detainees and others to surrender assets. He has presented the arrests as a campaign against corruption, but his targets call it a shakedown, and he has turned for advice to a former Egyptian security chief who has been pilloried at home for brutality and graft.
Prince Mohammed’s supporters say he is simply taking the drastic measures needed to turn around the kingdom’s graft-ridden and oil-dependent economy while pushing back against Iranian aggression."
https://www.nytimes.com/2017/11/14/world/middleeast/saudi-arabia-mohammed-bin-salman.html