Spilt in Saudi Regime as Prince Demands Ouster of King: Report

Alwaght | News & Analysis Website

Alwaght- A deep split within the Aal Saud clan ruling Saudi Arabia is becoming clearer after a senior member of the royal family circulated a letter expressing fear that the monarchy may collapse unless the king is urgently replaced and the position of deputy crown prince scrapped .
According to an exclusive report by the Middle East Eye, on 4th September a grandson of the late King Abdulaziz Ibn Saud wrote a four-page letter calling on the royal family to hold an emergency meeting to address concerns that the House of Saud may be losing its grip on power.
“We [have] got closer and closer to the fall of the state and the loss of power,” the letter read.
“We appeal to all the sons of King Abdulaziz – from the eldest Prince Bandar to the youngest Prince Muqrin – to summon an emergency meeting with all the family to discuss the situation and do everything that is need to save the country.”
The letter was signed “a descendant of the King Abdulaziz of the House of Saud”. Middle East Eye says it spoke to the letter’s author, who confirmed he is a grandson of Abdulaziz, but asked not to be named for fear of negative repercussions.
The scale of the country’s problems – both militarily and financially – led to the grandson of the country’s founder writing that change at the top may be necessary to protect Aal Saud’s future as rulers.
“We will not be able to stop the draining of money, the political adolescence, and the military risks unless we change the methods of decision making, even if that implied changing the king himself,” the letter read.
The Saudi regime recently announced it is planning to slash government spending and issue more bonds as the kingdom faces record budget deficit because of plummeting oil prices.
According to Saudi Arabia’s finance minister, Riyadh, which is the biggest economy among Arab states and the largest oil exporter in the world, is facing an unprecedented budget deficit due to drastic fall in international oil prices, which have plummeted by over half in past year to below USD 50 a barrel
According to figures released by the International Monetary Fund, the kingdom’s budget deficit will hit a whopping figure of USD 130 billion (117 billion euros) this year.
Most experts blame Saudi Arabia for the fall in oil prices as the kingdom has increased its crude output to unprecedented level of over 10 million barrels per day, using oil as leverage to pressure countries that oppose its regional policies. The Saudi regime has over the past seven months mounted a brutal war against its impoverished neighbor, Yemen. The Saudi regime appears to be stuck in a quagmire as it fails to achieve its military objectives. The Saudi regime is also blamed for supporting terrorists carrying out atrocities in Syria and Iraq.

Alwaght | News & Analysis Website

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