Saudi investor “ploughs millions” into UK’s The Independent

A mysterious Saudi-based investor has ploughed millions of dollars into a British news organization renowned for championing liberal causes, in a move that will enrage human rights and media freedom campaigners, according to the Middle East Eye.

Sultan Mohamed Abuljadayel, 42, listed in company records as a Saudi-based Saudi Arabian national, has acquired up to 50 percent of the Independent website, whose newspaper shook Britain’s journalism establishment in the 1980s before struggling financially and ditching the printed word in 2016.

According to registers updated on Companies House on Friday, Abuljadayel controls up to 50 percent of voting rights within Independent Digital News and Media, the company that controls the Independent brand.

Source Credit: Middle East Eye
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