Tuesday, June 18, 2013

At Home and Abroad

Prince Philipp and Prince Al-Waleed bin Talal (Photo: Saudi Gazette)
Earlier today, Hereditary Prince Alois met with experts of the International Monetary Fund (IMF) and Moneyval, "the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (...) of the Council of Europe" - sometimes Wikipedia really is your friend - but don't worry there hasn't been a new financial scandal of any kind. The experts are currently spending time in the Principality to evaluate the country's fight against money laundering and financing of terrorism, like they do with any country that's either a member of the IMF or the Council of Europe. The visit at Schloss Vaduz was simply of friendly matter.

Meanwhile, the Hereditary Prince's uncle Prince Philipp is spending time in, presumably, Saudi Arabia where he was received by Prince Al-Waleed bin Talal - you know that guy who sued Forbes for libel after they estimated that he was only worth $20 billion - for a meeting that also included other members of the LGT Group as well as Prince Al-Waleed's Kingdom Holding Company. Together they talked economic and investment issues such as possible investment by the Saudi prince's company in Liechtenstein.

No comments:

Post a Comment