A secret 1996 cable -
Oil revenue is said primarily to enrich the Al Saud. The embassy explains that Saudi Arabia's Ministry of Finance distributes a portion of the country's oil proceeds to each Saudi royal family member in the form of monthly stipends. At the time the secret cable was issued, every royal reportedly received a monthly allowance from birth, on a sliding pay scale of US$ 800 (for distant royals) to US$ 270,000 (for sons and daughters of King Abd Al-
In addition to the state-
According to the cable, some members of the Al Saud resort to "royal rakeoffs" in order to supplement their already-
Al Saud land and asset grabs are said to have caused resentment among the populace. In one instance, Defense Minister Prince Sultan bin Abd Al-
The embassy reports, however, that the most pervasive form of royal corruption consists of skimming from billions in off-
But the embassy strikes a pessimistic tone in contemplating a solution to the situation, concluding:
"As long as the royal family views this country as 'Al Saud Inc.,' ever increasing numbers of princes and princesses will see it as their birthright to receive lavish dividend payments, and dip into the till from time to time, by sheer virtue of company ownership."