Internat

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Saudi Arabia's major shareholder Sani assets frozen

The report said the Saudi Arabian Monetary Authority (SAMA) 28th and 30th issued a circular to domestic banks instructing them to freeze the bank accounts and credit cards of wealthy Sania (Maan al-sanea) (see photo) and his 5 family members.  He is the main shareholder, as of December 30 last year, he through his singularis Holdings indirect holdings of nearly 360 million shares, with 2.97% equity. Sania, in addition to being the chairman of the Saad Group, is responsible for managing the Internat, according to Bloomberg News.

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