King's ransom: How vulnerable are the Saudi royals? Since 1994 or earlier, the National Security Agency has been collecting electronic intercepts of conversations between members of the Saudi Arabian royal family, which is headed by King Fahd. The intercepts depict a regime increasingly corrupt, alienated from the country's religious rank and file, and so weakened and frightened that it has brokered its future by channelling hundreds of millions of dollars in what amounts to protection money to fundamentalist groups that wish to overthrow it.