Friday, September 21, 2018
   
Text Size

Site Search powered by Ajax

Saudi establishes units to probe, prosecute corruption cases

Saudi Arabia's king announces launch of specialised anti-corruption departments to investigate embezzlement cases.

Saudi Arabia's king

Saudi Arabia has established specialised anti-corruption units of prosecutors tasked with investigating corruption cases in the kingdom, state media reported.

The Saudi Press Agency announced King Salman's decision on Sunday.

According to the announcement, the decision came from the king's "concern over combating corruption in all its forms aiming to protect the homeland and its resources, maintain public money and protect the integrity of the public employment."

The decision comes after the kingdom seized more than $100bn in anti-corruption settlements in January.

The amount $106.7bn represented various types of assets, including real estate, commercial entities, cash and more, according to the country's chief prosecutor.

Dozens of royal family members, ministers, and top businessmen were arrested in early November during an anti-corruption crackdown launched by Crown Prince Mohammed bin Salman.

The crackdown, which came about via a royal decree, was in response to "exploitation by some of the weak souls who have put their own interests above the public interest, in order to illicitly accrue money".

Allegations against those detained included money-laundering, bribery, and extorting officials.
Most detainees have since been released after reaching financial settlements with the government.

Mahjoob Zweiri, a professor of contemporary Arab politics at Qatar University, said the purge was part of Mohammed bin Salman's plan to consolidate economic as well as political power in Saudi Arabia.

"That required destroying other economic empires in Saudi Arabia," he said in January, after the release of prominent Saudi businessman Prince Alwaleed bin Talal, who was among those detained.


blog comments powered by Disqus

Subscribe via RSS or Email:

Two Palestinians killed in Israeli ...

Read More

Egypt: Archaeologists discover sphi...

Read More

'Why were they killed?': Saudi-UAE ...

Read More

Iran slams Twitter for shutting dow...

Read More

Erdogan, Putin to hold talks in Soc...

Read More

Syrians in government areas vote in...

Read More

Donation

Thanks to all of our supporters for your generosity and your encouragement of an independent press!

Enter Amount:

Featured_Author

Login






Login reminder Forgot login?

Subscribe to MWC News Alert

Email Address

Subscribe in a reader Facebok page Twitter page

Israel pounds Gaza

India's Kerala state devastated

Capturing life under apartheid