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U.S. cables detail Saudi royal welfare program

Posted on March 1st, 2011 at 19:55 by John Sinteur in category: News -- Write a comment

[Quote]:

When Saudi King Abdullah arrived home last week, he came bearing gifts: handouts worth $37 billion, apparently intended to placate Saudis of modest means and insulate the world’s biggest oil exporter from the wave of protest sweeping the Arab world.

But some of the biggest handouts over the past two decades have gone to his own extended family, according to unpublished American diplomatic cables dating back to 1996.

The cables, obtained by WikiLeaks and reviewed by Reuters, provide remarkable insight into how much the vast royal welfare program has cost the country — not just financially but in terms of undermining social cohesion.

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