Thursday, April 21, 2011

'Bahrain king puts $42bn in Swiss bank'

Source: Press TV

The king of Bahrain has transferred billions of dollars to some Swiss bank accounts amid mounting anti-government protests in the Middle Eastern country, a political observer reveals.

“King Hamad bin Isa Al Khalifa has moved 42 billion dollars into Swiss banks,” Ralph Schoenman, political observer and the author of The Hidden History of Zionism told Press TV on Wednesday.

This is “an indication of their apprehension about their (the ruling family's) ultimate fate,” he further explained.

“The truth of the matter is that these country-selling regimes are the creations of the US ... [and it is the] political power of the imperialism that sustains these regimes,” Schoenman argued.

Bahrain is home to the US Navy Fifth Fleet.

Since mid-February, thousands of anti-government protesters in Bahrain have poured into the streets, calling for an end to al-Khalifa dynasty, which has ruled the country for almost 40 years.

On March 13, Saudi-led forces were dispatched to the Persian Gulf island at Manama's request to quell countrywide protests.

According to local sources, dozens of people have been killed and hundreds arrested so far during the government clampdown on the peaceful demonstrations.

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