01.06.2009 - Saudi banks told to freeze billionaire's accounts
From Gulfnews.com: Saudi Arabia's central bank ordered the country's banks to freeze the accounts of Maan Al Sanea, the Saudi billionaire who owns a stake in HSBC Holdings, people familiar with the instructions said. The Saudi Arabian Monetary Agency (Sama) sent circulars to the legal departments of Saudi-based banks on May 28 and May 30 telling the lenders to freeze the accounts, including credit cards, of Al Sanea, his wife and four family members, according to one person who read the documents.......Full Article: Source
Print