A sweeping roundup last month of Saudi princes and businessmen aimed at purging corruption has caused initial concern among potential investors, but many viewed this as a positive development. Minister […]
Source: Daily Mail UK Source in Saudi Arabia says American private security contractors are carrying out’interrogations’ on princes and billionaires arrested in crackdown Detained members of Saudi elite have […]
Reuters International This content was published on December 5, 2017 (reuters_tickers) RIYADH (Reuters) – Saudi Arabia’s public prosecutor said on Tuesday most of the people detained in a sweeping anti-corruption campaign launched last month have agreed to settlements to avoid prosecution while the rest could be held for months. […]
Ambrose Carey, Alaco Ambrose Carey, Director at Alaco Alaco Saudi Arabia’s so-called corruption crackdown is likely an attempt to fill the kingdom’s depleted coffers. This plot is unlikely to succeed, […]
Investing celebrity Prince Alwaleed bin Talal has now been detained and reportedly tortured for more than three weeks. The political and financial world has remained mostly silent or at least […]
Mohammed bin Salman said that many prominent members of the Ritz crowd had already publicly pledged allegiance to him. (SPA) Staff writer, Al Arabiya English Friday, 24 November 2017 […]
ARAB NEWS | Published — Thursday 9 November 2017 JEDDAH: Saudi Arabia has uncovered corruption to the tune of $100 billion. In a statement on Thursday, Attorney General Saud Al-Mojeb said: “The investigations of the Supreme Anti-Corruption Committee are proceeding quickly … The potential scale of corrupt practices which have […]
Saeed Azhar, Joshua Franklin DUBAI/ZURICH (Reuters) – Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption crackdown. But the experiences of two other Arab states trying to recover stolen money, Egypt and Tunisia, suggest Riyadh may face […]