Well-informed sources revealed that Saudi Crown Prince Mohammed bin Salman (MBS) summoned a number of Saudi princes and businessmen, including businessman Nayef bin Odeh Al-Saadi, to give detailed report about their immovable and movable property made out of the funds at home and abroad.
Only one week later, they were summoned once again, where they were forced to donate a large part of their fortune in favor of the Saudi Public Investment Fund, headed by the Crown Prince himself.
The sources further said MBS confiscated half of the fortune of the former Prince of Al-Sharqiya, Prince Muhammad bin Fahd.
Along the same line, Saudi authorities imposed a travel ban on the Saudi billionaire businessman, Muhammad Hussein Al-Amoudi, who was detained as part of the Ritz-Carlton campaign.
In 2013, his net worth was estimated at approximately $13.5 billion. However, he now suffers a deep financial crisis after MBS seized his funds.
Mohammed Hussein Ali Al-Amoudi is a Saudi billionaire businessman. He was born Ethiopia in 1946 to a Yemeni father from Hadhramaut and Ethiopian Amhara mother from Wollo.
He was also listed as Ethiopia's richest man, the second-richest Saudi Arabian citizen in the world and the second-richest person of African descent in the world.
Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.
Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others.
His businesses are largely to be found within two conglomerate holding and operating companies, Corral Petroleum Holdings and MIDROC, both which he owns and manages. He employs over 40,000 people through these companies.
On 4 November 2017, Mohammed Hussein Al Amoudi was arrested upon the orders of the Saudi Crown Prince and held captive in Saudi Arabia in a “corruption crackdown” conducted by MBS' “royal anti-corruption” committee.
Al-Amoudi had not been seen since his arrest and captivity. Ethiopian Prime Minister Abiy Ahmed Ali had tried to secure his release, but was unsuccessful. Finally, he was released on January 27, 2019, after 14 months of detention.
Since becoming in office in 2017, the human rights situation witnessed a significant deterioration, and unprecedented bloody numbers, in which bin Salman had the upper hand, in addition to the mandate of the Covenant.
Since then, a campaign of legal prosecutions began for several senior Saudi state officials, the ruling family, and famous economic figures on corruption charges, led by a high anti-corruption committee headed by Saudi Crown Prince Mohammed bin Salman .
Prince Ahmed bin Abd Al-Aziz and former crown prince Mohammed bin Nayef were among those detained during the campaign.
Intelligence reports also revealed that Crown Prince Mohammed bin Salman has been blackmailing a large number of princes to allow their travel abroad.
