Saudi Arabia Says Detainees Handed Over More Than $100 Billion - News Summed Up

Saudi Arabia Says Detainees Handed Over More Than $100 Billion


PhotoBEIRUT, Lebanon — Saudi Arabia has collected more than $100 billion from prominent citizens who were detained in what the government has called a widespread crackdown on corruption, the kingdom said on Tuesday. Sheikh Saud al-Mojeb, the attorney general, said in a statement that 381 people had been summoned as part of the investigation. Many were brought in as witnesses, while others were accused of corruption and released only after handing over significant assets to the government, the statement said. The detainees included businessmen, current and former government ministers, and at least 11 princes, including Alwaleed bin Talal, the kingdom’s most famous investor, who was released on Saturday. Cleaning up bad business practices, the government said, was a major part of efforts by Mohammed bin Salman, the kingdom’s 32-year-old crown prince, to reform the kingdom.


Source: New York Times January 30, 2018 13:52 UTC



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