Richard Branson freezes business ties with Saudis
AP | Oct 12, 2018, 14:54 ISTHighlights
- The British billionaire's decision comes amid reports that journalist Jamal Khashoggi may have been murdered at the Saudi consulate in Istanbul
- The founder of Virgin Group said he will suspend his directorships in two tourism projects in Saudi Arabia while an investigation takes place
Richard Branson, founder of Virgin GroupLONDON: British billionaire Richard Branson has frozen business links with Saudi Arabia amid reports that journalist Jamal Khashoggi may have been murdered at the Saudi consulate in Istanbul.
Branson said that if the reports are true, it would "clearly change the ability of any of us in the West to do business with the Saudi government."
Branson, founder of Virgin Group, added he will suspend his directorships in two tourism projects in Saudi Arabia while an investigation takes place. He has also put the discussions about a proposed Saudi investment in space companies Virgin Galactic and Virgin Orbit on hold.
Saudi Arabia is facing increasing international pressure to clarify what happened to Khashoggi, a Washington Post columnist, with US President Donald Trump and British foreign secretary Jeremy Hunt among those demanding answers.
Branson said that if the reports are true, it would "clearly change the ability of any of us in the West to do business with the Saudi government."
Branson, founder of Virgin Group, added he will suspend his directorships in two tourism projects in Saudi Arabia while an investigation takes place. He has also put the discussions about a proposed Saudi investment in space companies Virgin Galactic and Virgin Orbit on hold.
Saudi Arabia is facing increasing international pressure to clarify what happened to Khashoggi, a Washington Post columnist, with US President Donald Trump and British foreign secretary Jeremy Hunt among those demanding answers.
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