Saudi state-owned companies have sued the country’s former intelligence chief in a Canadian court, alleging he stole billions of dollars, according to documents obtained by the news agency Agence France-Presse.
The 10 subsidiaries of Tahakom Investment Co – which is owned by Saudi Arabia’s sovereign wealth fund – said in the civil suit filed in Ontario superior court that Saad Aljabri committed a “massive fraud” totalling at least US$3.47bn.
Aljabri, exiled in Canada, was a top aide to Prince Mohammed bin Nayef, who was deposed as heir to the throne by Prince Mohammed bin Salman in a 2017 palace coup.
