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Comment by hyencomper | Hacker News Reader

It is rumored that the Saudis made the 100 billion they wanted from the Ritz-Carlton crackdown, so no more interest in the IPO.

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> the Ritz-Carlton crackdown

What's this? Are you referring to the use of these hotels as luxury prisons during the purge?

Numerous princes were detained at the Ritz-Carlton hotel and weren't allowed to leave until they admitted to corruption and surrendered significant amounts of cash. A few fought this but most folks just handed over the money.

https://www.bloomberg.com/news/articles/2018-01-25/saudi-ara...

It wasn't only confinement. One general appears to have been tortured to death, and many others had to be hospitalized and showed signs of torture.

https://www.hrw.org/news/2018/03/14/saudi-arabia-allegations...

Wow. How in hell did they (Saudi Arabia) manage to become the Head of the UN Human Rights Panel ?

https://www.independent.co.uk/news/world/anger-after-saudi-a...

Reeks of corruption at the highest level.

I assume it's something along the lines of: "Never refuse a US Military request, be mad at Iran, and don't bother Israel."

I think there are many people calling this into question.

It's obviously only possible because so many western powers rely on their "stable" allies / oil buddies in the middle east.

Yemen alone should be enough reason for every UN nation to sanction SA into submission.

Instead we sell them weapons -.-

100 billion doesn’t sound like much if their thesis is that they won’t be able to rely on oil profits in the medium term future.

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