After Trump Prince will save Lukashenka

16 August 2017, 15:03 | Economy
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The nephew of the King of Saudi Arabia, who once saved the current head of the White House from ruin, will now help the Belarusian president. Al-Walid bin Talal is not averse to taking part in the capital of the bank "Ugra". Prince is ready to invest in the institution, after it resumes work.

This news against the backdrop of the history with the deprivation of the above-named license bank has acquired various versions, related, among other things, to rumors about the activities of the main owner of Ugra, namely, the close ties between Alexei Khotin and Alexander Lukashenko, who allegedly conduct their way in this way Business in Russia, writes "Free Press".

There was even information that all problems with Ugra began precisely because of the requirements of the Central Bank to disclose the real owner and to issue additional shares. But official confirmation of the version voiced by some experts - "the Saudi prince will save" the personal purse of the "Belarusian president" - no. In the real estate and oil markets, they have been talking for a long time about the powerful patrons of the father and son Khotin.

However, rumors about the ties between the family of Alexander Lukashenko and Yugra and other assets of Yuri and Alexei Khotin have not been confirmed once. In fact, they are based on the fact that businessmen come from Belarus and they have working contacts with the domestic elite, explained the director of the Moscow office of Urus Advisory Alex Panin.

The situation around the bank "Ugra", according to Professor MGIMO, head of the Russian Economic Society named after C. Sharapova Valentina Catasonova, vague and contradictory. It multiplies the most diverse versions, and even conspiracy theories. Certain formal and semi-official statements about this.

The state of Al-Walid is estimated at more than $ 17 billion. He started investing in the banking sector in the 80s. Of the last century with the acquisition of the United Saudi Commercial Bank (USCB), which, after the merger with Saudi Cairo Bank and Saudi American Bank, became one of the largest banks in the region.

In 1990 - 1991 he. The prince became the largest private shareholder of the banking corporation, investing in Citicorp about $ 1 billion. He invested in AOL, Apple, MCI, Motorola, Fox Broadcasting and other companies working in the field of telecommunications and media business. And in 2011.

For almost $ 300 million bought out shares of Twitter from their holders.

In the far 90's the Saudi prince, as he once said in an interview with the Turkish newspaper Hurriyet, twice saved from the bankruptcy of the current American president, and then just a famous businessman. In the year 1991. He bought the yacht of Donald Trump in Turkish Antalya. And later, in 1995, he bought out his hotels, when the banks seized them, demanding the payment of debts.




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