RIYADH: Saudi Arabian authorities are still holding 95 people in an anti-corruption campaign launched by the crown prince in November, according to the kingdom´s attorney general. In an info graphic cited by Saudi-owned Al Arabiya on Wednesday, the attorney general said 90 detainees had been released after having their charges dropped while others had traded cash, real estate and other assets for their freedom.
?Only a couple of days till cases of corruption-related settlements are closed in preparation for referring remaining defendants to the Public Prosecution,? the graphic said. Saudi security forces have rounded up members of the political and business elite, including princes and tycoons, holding them in Riyadh´s opulent Ritz Carlton hotel in what was billed as a war on rampant corruption. The purge has caused concern about damage to the economy especially among foreign investors the kingdom is seeking to attract to develop its economy away from oil. But the government has insisted it is respecting due process and that the companies of detained businessmen will continue operating normally.Saudi corruption cash settlements will help finance royal handouts: finance minister: Cash settlements obtained from people detained in Saudi Arabia´s crackdown on corruption will help to finance a 50 billion riyal ($13.3 billion) package to help citizens cope with the rising cost of living, Finance Minister Mohammed al-Jadaan said on Wednesday. The package was announced by King Salman early this month, said Jadaan, speaking to Al Arabiya television at the World Economic forum in Davos. He said the package would also be financed by money from the state budget.
01-25-2018, 10:10 PM
S Arabia still holding 95 people as it aims to wind down corruption probe
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