Last Update 19:3
Monday, 20 November 2017

Saudi says 208 questioned in graft probe, at least $100 bln stolen

Reuters , Thursday 9 Nov 2017
Share/Bookmark
Views: 1263
Share/Bookmark
Views: 1263

Saudi Arabia's attorney-general said on Thursday that 208 people have been called in for questioning in a sweeping anti-corruption investigation, and seven of them had been released without charge.

"Based on our investigations over the past three years, we estimate that at least $100 billion has been misused through systematic corruption and embezzlement over several decades," Sheikh Saud al-Mojeb said in a statement.

He repeated statements by other top officials that normal commercial activity had not been affected by the crackdown, and that only personal bank accounts had been frozen, not corporate accounts. "Companies and banks are free to continue with transactions as usual."

 

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.