Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

OFAC adds 17 Saudis to Magnitsky sanctions list

Murdered Saudi journalist Jamal KhashoggiThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Saudi officials and 14 members of a hit team for their role in murdering Washington Post contributing columnist Jamal Khashoggi.… Continue Reading

Spanish defense contractor investigated for Saudi bribes

A special court in Spain is investigating executives at a state-owned defense company that allegedly paid millions in bribes to win weapons contracts with Saudi Arabia spanning two decades. 

Audiencia Nacional, the Spanish court, is investigating five deals between Defex and Riyadh from 1992 to 2004. 

Defex’s former president, vice-president, and chairman are under investigation for “a systematic criminal behavior pattern,” Judge José de la Mata said.… Continue Reading

Saudi Arabia removes statute of limitations for corruption investigations

Crown Prince Mohammed bin SalmanSaudi Arabia changed its law this week to remove the statute of limitations for anti-corruption investigations into current and former ministers of the world’s largest petroleum exporter. 

The amendment disposes of the sixty-day statute of limitations that previously governed  investigations into alleged corrupt activity.  

The chairman of the National Anti-Corruption Commission Khalid bin Abdul Mohsen Al-Muhaisen said the change will “enable the Commission and competent authorities to carry out their tasks effectively and efficiently to protect public money, the state’s interests and the national economy from corruption.”

This amendment isn’t the first change the Kingdom has made to fight corruption.… Continue Reading

Selva Ozelli: Sharia compliant blockchain advances across Middle East

It’s ironic that Saudi Prince Al-Waleed bin Talal, the richest tech investor in the Middle East, criticized block chain technology and Bitcoin by calling it a “fraud.”

The  Gulf Cooperation Council countries, including Saudi Arabia, have been working since 2014 to weave sharia compliant Blockchain technology and Bitcoin into their existing financial and legal infrastructure, while transforming them all at the same time.… Continue Reading