Tuesday, 30 January 2018

Saudi Arabia says it has seized over $100 billion in corruption purge

RIYADH (Reuters) - Saudi Arabia's government has arranged to seize more than $100 billion (70.84 billion pounds) through financial settlements with businessmen and officials detained in its crackdown on corruption, the attorney general said on Tuesday. The announcement appeared to represent a political victory for Crown Prince Mohammed bin Salman, who launched the purge last November and predicted at the time that it would net about $100 billion in settlements.


from Reuters: Top News http://uk.reuters.com/article/uk-saudi-arrests-corruption/saudi-arabia-says-it-has-seized-over-100-billion-in-corruption-purge-idUKKBN1FJ28K?feedType=RSS&feedName=topNews

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