Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 27, 2018

Bookmark and Share

Prince Alwaleed Finally Released From “Hotel Arrest”

Prince Alwaleed Finally Released From “Hotel Arrest” thumbnail

Two weeks after we reported that Saudi Arabia’s billionaire prince Alwaleed Bin Talal was reportedly carted off from the Riyadh Ritz Carlton to Saudi Arabia’s highest security prison after refusing to pay a $6 billion “freedom fee” to Crown Prince Mohammed Bin Salman to secure his freedom, the flamboyant billionaire and Twitter investor appears to have finally cracked, and according to the WSJ, Saudi authorities on Saturday finally released Alwaleed, more than two months after he was detained in what was described to be a “widespread crackdown on corruption” in the kingdom but was really just a shakedown of some of the country’s richest royals as well as arrests of MbS’ political opponents.

The FT quoted a colleague of bin Talal who said that He sounded very happy, well and the same”… if maybe a little bit poorer.

“Prince al-Waleed is already at his house in Riyadh and is expected to resume his business activities as normal”, the WSJ reported citing sources. While it was previously disclosed that Saudi authorities demanded at least $6 billion from al-Waleed to free him, it wasn’t clear what if any “settlement” the prince agreed to pay; he has previously denied wrongdoing and fought allegations of bribery, extortion and money laundering.

Alwaleed will remain in control of Kingdom Holding Co. after reaching the settlement a senior government official cited by Bloomberg, which would suggest that the amount of money exchanging hands was substantial. The official also declined to provide details of settlement, and “cannot confirm or deny” whether attorney general is convinced of Alwaleed’s innocence.

Settlements don’t happen unless the accused acknowledges violations and documents that in writing and pledges that he won’t repeat them. This is the general principle of all who were detained in corruption cases recently and not only Alwaleed bin Talal.”

Alwaleed joins several other prominent Saudi businessmen who have reached financial settlements with the kingdom in the past few days pruchasing their release, including Waleed al-Ibrahim, owner of regional television network MBC, which reportedly was semi-nationalized as part of the deal.

Other prominent names include Fawaz Alhokair, a major shareholder in fashion retailer Fawaz Abdulaziz Alhokair Co.; Khalid al-Tuwaijri, a former chief of the Royal Court; and Turki bin Nasser, a former head of the country’s meteorology and environmental protection agency.

The releases of prominent Saudis appears to indicate that bin Salman’s purge is winding down, and the Ritz is set to reopen next month as a five-star hotel.

In total, Saudi Arabia is said to have secured about $100 billion after many of the more than 200 detained agreed to settle and were released, Saudi officials said. However, as the FT adds, the government will have to rely on asset seizures rather than cash, the finance minister, Mohammed al-Jadaan, said on Thursday.

The reason: western bankers say Saudi attempts to recover cash from overseas bank accounts have proved fruitless. “They are very smart people — they don’t leave cash in bank accounts, they find ways to hide this money in various assets,” Mr Jadaan told a session at the World Economic Forum meetings in Davos.

This is worth noting just in case someone is still confused about the utility of bitcoin.

* * *

Last Wednesday, the Saudi public prosecutor said that officials were moving ahead with plans to prosecute 95 people who were still detained and have declined to pay what the government describes as financial settlements.

zerohedge



38 Comments on "Prince Alwaleed Finally Released From “Hotel Arrest”"

  1. Theedrich on Sun, 28th Jan 2018 3:48 am 

    The only real solution to Islam is genocide.  The new, 30,000-pound GBU-57 “Massive Ordnance Penetrator” (MOP) or “MOAB” (for “Mother of all Bombs”) is the right tool for the job.  We can donate a few to India, which will provide us with plausible deniability, and they will take care of much of the problem for us by eliminating Pakistan without radioactive nuclear fallout.  Ditto with a few such presents to IsItReal, which can similarly solve its problems with its nasty neighbors.  As Stalin is reputed to have once said, “Where there is no person, there is no problem.”

  2. Mad Kat on Sun, 28th Jan 2018 4:05 am 

    Really Theedrich? How long does it take to push the nuclear button? And don’t you think those Packy nukes are already aimed and ready to go? I don’t see anything serious happening in that area of the world. Bluster and threats, but nothing nuclear. Both sides would lose and they know it.

  3. Theedrich on Sun, 28th Jan 2018 10:35 pm 

    True, Maddy, but maybe a “small” nuclear winter will wake the elites up to the fact that our species is playing a serious game here.  They clearly imagine that their “economics-only” obsession will not result in shifting evolution into reverse.  Virtually none of them know anything about, or take seriously, the fact that it has taken a transcendently long time to get us to this point in biological and cultural development.  They also do not comprehend that their “morality,” “humanism,” “philanthropy,” etc. is ultimately based on an imaginary “original sin” in “Eden” which required a Yid “Savior” to rescue us from a “hell” imported from Zoroastrianism, and all that derived from that mythology.  As Nietzsche pointed out long ago, we need not more Cretianity, parasites and mongoloid idiots, but, as Nietzsche put it long ago, an “Umwertung aller Werte” (“revaluation of all values”).

  4. Mad Kat on Sun, 28th Jan 2018 10:46 pm 

    Theedrich, I doubt that any nuclear winter could be “small”. Each has over 100 nukes. (WIKI) I doubt that there will be an exchange of more than a few skirmishes along borders. Use of nukes is suicide. I think they are intelligent enough to know that I doubt that the US is.

    I agree that most “religions” are at the base of the world’s problems today. Some are harmless. Other like Judaism is suicidal with all other in between.

  5. I AM THE MOB on Sun, 28th Jan 2018 10:48 pm 

    All the peak oil stories that were idiotically ignored because of shale will return with a vengeance.

  6. Cloggie on Sun, 28th Jan 2018 11:48 pm 

    It’s enough to keep them out Theedrich. Your “solution” is too final, too robust. Have a little respect for Kharma/blowback.

  7. Cloggie on Mon, 29th Jan 2018 12:00 am 

    All the peak oil stories that were idiotically ignored because of shale will return with a vengeance.

    OMG millimind has become schizophrenic.

    For the hundreds time, there is no fossil fuel problem. The three most drilled areas, for oil are the North Sea, Gulf of Mexico and the Persian Gulf. And guess what? In the area between Britain and the Netherlands they discovered sub sea coal reserves that are so enormous, namely 3-23 trillion tons, that would be 20-140 times the total amount of oil burned throughout history (0.135 trillion ton). That energy can be harvested by drilling holes, injecting oxygen, and partially burn it underground, retrieving CH4, H2, CO and CO2.

    https://deepresource.wordpress.com/2015/04/07/fracking-is-for-amateurs/

    https://deepresource.wordpress.com/2017/01/01/underground-coal-gasification/

    There is no fossil fuel problem for the coming 1000 years or more, only a CO2 problem.

    For the moment the UK government in its infinite wisdom has forbidden to start first explorations, for environmental reasons, because London wants to adhere to the Paris Accords and bet on renewable energy. But in case of dire needs they can always change their minds.

    https://deepresource.wordpress.com/2017/01/02/uk-government-rejects-ucg/

  8. I AM THE MOB on Mon, 29th Jan 2018 2:01 am 

    Clogg

    Oil shortages are coming per IEA and Saudi’s by 2020! Fuck your stupid blog! And Peak Oil will be back like a phoenix rising from the ashes!

  9. I AM THE MOB on Mon, 29th Jan 2018 2:03 am 

    Clog

    Here is peer reviewed sciritific study done on peak oil, gas and coal! Journal of Fuel!

    Projection of World Fossil Fuels by Country (Mohr, 2015)
    http://www.sciencedirect.com/science/article/pii/S0016236114010254

    Peak all three in the next decade followed by huge declines!

  10. I AM THE MOB on Mon, 29th Jan 2018 2:04 am 

    This shock, will be electric and abrupt. Stress, fear, depression, despairs, and nightmares will be the order of the day — as people come to face the not-so-palatable facets of ‘Post Peak Oil’.

    – Dr Ali Samsam Bakhtiari

  11. I AM THE MOB on Mon, 29th Jan 2018 2:05 am 

    Peak oil hasn’t been debunked just delayed! Euphoria is always just a temporary condition!

  12. I AM THE MOB on Mon, 29th Jan 2018 2:06 am 

    2020s To Be A Decade of Disorder For Oil

    https://oilprice.com/Energy/Energy-General/2020s-To-Be-A-Decade-of-Disorder-For-Oil.html

  13. fmr-paultard on Mon, 29th Jan 2018 10:31 am 

    please SENTAPBs. If it wasn’t for catholic Polish king you’d all be growing a fake beard and pay the jitzya

    “The honor of Islam lies in insulting the unbelief and the unbelievers (kafirs). One who respects kafirs dishonors Muslims… The real purpose of levying the Jizya on them is to humiliate them… [and] they remain terrified and trembling.” Islamic Jihad

    https://www.thereligionofpeace.com/pages/quran/jizya.aspx

  14. Boat on Mon, 29th Jan 2018 11:02 am 

    Paultard,

    Can those who paid the jitzya apply for a rebate?

  15. I AM THE MOB on Mon, 29th Jan 2018 11:20 am 

    All the peak oil stories that were idiotically ignored because of shale will return with a vengeance!

  16. I AM THE MOB on Mon, 29th Jan 2018 12:31 pm 

    Boat

    All those white girls are going to be turned into personal fuck toys for gangs when society collapses! They will tell em to turn off that Taylor Swift and open up wide for a big black dick! LOL

  17. Cloggie on Mon, 29th Jan 2018 12:36 pm 

    All those white girls are going to be turned into personal fuck toys for gangs when society collapses!

    But nihilists like you keep pushing for open borders regardless, right, even if you admit in your post it is going to be a disaster.

    But that’s OK. America is full with SJW-gangsters like you and is clearly past expiration date. Please blow it up so we can pick up the valuable pieces and reintegrate it in the European world and give the rest to Mexico, you and Davy included.

  18. I AM THE MOB on Mon, 29th Jan 2018 12:40 pm 

    Cloogg

    Like this! Got bread and stand on white bitch head! BLM!

    https://imgur.com/a/AANAQ

  19. Cloggie on Mon, 29th Jan 2018 12:56 pm 

    You and Davy represent the coming American nightmare. And it won’t have anything to do with that fake peek oil. Enjoy your diversity. It works nowhere and it won’t work in the US either.

    In 1978 the USSR was seen as a “super power”. A decade later it didn’t exist anymore. Won’t be different with your empire. Oh and we’re ready to take over after we have deleted our local US vassals 1989-style. It’s going to hurt a little.

  20. Davy on Mon, 29th Jan 2018 1:18 pm 

    “You and Davy represent the coming American nightmare. And it won’t have anything to do with that fake peek oil. Enjoy your diversity. It works nowhere and it won’t work in the US either.”
    Damn nedernazi, I did clean your clock. What a whining pussy. My good friend is Dutch but he is not a pussy. I guess you come from the part of Holland that wears panties. You represent the worst of what has come from Europe. You are an egotistical racist pig. You are one of those dumbshits that thinks he is intellectually gifted.

    “In 1978 the USSR was seen as a “super power”. A decade later it didn’t exist anymore. Won’t be different with your empire. Oh and we’re ready to take over after we have deleted our local US vassals 1989-style. It’s going to hurt”
    What a stupid worn out comparison usually used by intellectually lite anti-American extremist. There is little resemblance between the two these days. This is a vastly different age with globalization and interconnectedness. What is apparent in your regards is the EU is an imperfect union guaranteed to fail. It is just a matter of time. Like Billy the kid say “be patient”.

  21. fmr-paultard on Mon, 29th Jan 2018 1:35 pm 

    Sahih al-Bukhari, Volume 4, Book 56, Number 791

    this has been on the news a lot lately. After the jerusalem thing, there’s been 5 imams in the us quoting it.

    there’s something about arabic that they get emotional with anger. almost every single video of them show different imams behaving the same way

  22. I AM THE MOB on Mon, 29th Jan 2018 1:41 pm 

    Clogg

    Soon! Per IEA and Saudis!

    https://imgur.com/a/5sOSB

  23. Boat on Mon, 29th Jan 2018 1:53 pm 

    Wondering how much jitzya is going to be paid as the new silk road is built. What are the odds of pipelines, ports and trains getting bombed as China broadens it’s reach in these under developed areas of the world.I wish no ill will but them shara law worshipers don’t go for those kind of culture changing events.

  24. I AM THE MOB on Mon, 29th Jan 2018 1:58 pm 

    Boat

    80 percent of the countries in the silk road are in junk status! India didnt even want to be in it for that reason! It will never happen when the oil runs out!

  25. Mad Kat on Mon, 29th Jan 2018 4:48 pm 

    Boat, China does not go into a country to change it. They go into a country to make it richer by setting up trade routes and helping to build infrastructure to facilitate that trade. Huge difference than the US who goes in to dominate and makes enemies. China is not ruled by Jews, Muslim’s ancient enemy.

  26. Davy on Mon, 29th Jan 2018 5:23 pm 

    Silly billy google Tibet.

  27. fmr-paultard on Mon, 29th Jan 2018 5:48 pm 

    boat, you’re supertard u know what happens when u dont pay the jizya. if u pay the jizya it’s no guarantee of anything. you’re tied with your dog and both get beaten. you will open your mouth and your master spit into it.

    https://www.youtube.com/watch?v=SIBGS1AhhNA

    When asked who carries the ivory when a mother gets too tired to carry both her baby and the ivory, the herdsman replied, “She does! We cannot leave valuable ivory on the road. We spear the child and make her burden lighter.”

    https://www.thereligionofpeace.com/pages/articles/black-africa.aspx

    boat i’m a libtard but i like trump because he doesn’t grab that thing wink wink

  28. I AM THE MOB on Mon, 29th Jan 2018 6:03 pm 

    Madkat

    You idiot the US is not ruled by jews! You dumb conspiracy loon! You are just jealous of the jews just like you are jealous of educated people! You dont like people who are above you and you are a total loser construction worker! If someones toeliet explodes they will call you! You have no clue about what China does! They are a state run capitalist country under strict authoritarian rule! DIdnt you say you served in the military mad kat?

    Military men are dumb stupid animals who are used as pawns in foreign policey
    -Kissinger

  29. I AM THE MOB on Mon, 29th Jan 2018 6:06 pm 

    Madkat

    Did you join the military because college was to hard for you? I can tell you are not the type of person who can think for himself! you need to be whipped and ordered and told what to do! And when the collapse hits it will be global I have shown you five peer reviewed studies that prove that! You have no evidence it will just be the US! We are all connected together in a global economy!

  30. Boat on Mon, 29th Jan 2018 7:21 pm 

    Paultard,

    Trump is a flaming idiot but that is not to say all of his policies are wrong. He might be responsible for millions of deaths decades down the road because of his policies towards climate change but hey, he was voted in. I like his mouth on issues like N Korea, Syria, China. Now get-er-done mouth.

  31. fmr-paultard on Mon, 29th Jan 2018 7:25 pm 

    boat i hated president trump because i’m a libtard and still am. but he melted my heart with refusal to grab *wink* *wink* and he gave jerusalem to Israel. it didn’t take much to make me now isn’t it? Luke 22:36 eh?

    https://imgur.com/a/rFxrF get a cat like p*ssy ((MM))

  32. Boat on Mon, 29th Jan 2018 7:45 pm 

    Paultard, I didn’t give a shyt about jerusalem. I am more pracital. Like military help for taking 1,000 acres of land for every missile shot at Israel. 1,000 acres of land for every stabbing. Your gonna get peace or grow the country fast. Israel like the Muslims chant along with bobbing and weaving while they pray. Thats weird behavior. They like a lot of foreiners just get to excited about everything. They need to learn drugs to modify their behavior.

  33. fmr-paultard on Mon, 29th Jan 2018 8:40 pm 

    boat did you know welfare is a form of jizya? i’m a libtard so i understand teh benefit of just paying tards to stay home so supertards can concerntrate on their work and give me safe electricity. but now due to sharia there’s more burden on teh back of supertards. we’re doomed

    https://imgur.com/a/rFxrF

  34. Anonymouse1 on Mon, 29th Jan 2018 8:43 pm 

    Boatietard, you are more ‘retarded’. Not ‘practical’, whatever you think that is supposed to mean. Ask your doctors to give you stronger retard pills. You’re so fucking stupid you’ve managed to achieve the impossible. Made your jewish buddy clogg-zimmer AND the dumbass exceptionalist look like Rhodes scholars by comparison.

  35. fmr-paultard on Mon, 29th Jan 2018 8:51 pm 

    boat if u have a gf and u want to consumate after marraige then she feeds her 10 times but 5 is enough. this is so you bypass the sec. then u’re just a baby boat supertard
    u circumvent it

    sahih muslim 3424

  36. fmr-paultard on Mon, 29th Jan 2018 8:59 pm 

    ((mm)) i’m fasciated with islam texts for some reason. i investigate everyting. if i spend equal time reading the bible then i’d be good. i read a lot of the bible actually but never paid much attention to anything.

    https://imgur.com/a/xyGsj

  37. fmr-paultard on Mon, 29th Jan 2018 9:20 pm 

    ((mm)) it’s bad enough our supertards are failing to build Oroville dam. it’s a straight path from top to bottom. what happens to basic understand of potential and kinetic energy. more kinetic so wider at teh foot sholdn’t it? but NO

    what happens to study schauberger?

    and you want to be supertad? no NEVER. you’re a meretard ((mm)). get off my intardweb supetard built for me. before u learn to wipe your nose supertard ((richard stallmann)) fought for freedome to create software and now most sites benefit including this one.

  38. Cloggie on Wed, 31st Jan 2018 11:51 am 

    You idiot the US is not ruled by jews! You dumb conspiracy loon! You are just jealous of the jews just like you are jealous of educated people!

    Mobster apneaman pushing his tribe again.

Leave a Reply

Your email address will not be published. Required fields are marked *