• About Us
  • Who Are We
  • Work With Us
Friday, May 20, 2022
No Result
View All Result
NEWSLETTER
The Globe Post
39 °f
New York
44 ° Fri
46 ° Sat
40 ° Sun
41 ° Mon
No Result
View All Result
The Globe Post
No Result
View All Result
Home World Middle East

Authorities: Most Detained in Saudi Purge Agree to Financial Settlement

Staff Writer with AFP by Staff Writer with AFP
12/05/17
in Middle East
Mohammed bin Salman Saudi Prince

Saudi Crown Prince Mohammed bin Salman Photo: Reuters

Share on FacebookShare on Twitter

Riyadh, (AFP) – Most Saudi elites detained in a sweeping anti-corruption purge last month have agreed to a financial settlement in exchange for their freedom, the attorney general said on Tuesday.

Dozens of high-profile figures including princes, ministers and business tycoons were arrested or sacked earlier this month, in the biggest purge of the kingdom’s elite in its recent history.

“Most detainees faced with corruption allegations by the (anti-corruption) committee agreed to a settlement,” Sheikh Saud al-Mojeb said in a statement, adding that 159 people are currently being detained.

“The necessary arrangements are being finalised to conclude such agreements.”

A “settlement” translates as handing over allegedly ill-gotten gains to the Saudi state treasury.

The attorney general has previously said he estimates at least $100 billion has been misused in embezzlement or corruption over several decades.

His latest statement comes after Prince Miteb bin Abdullah, the former National Guard chief, was released last week following a settlement reportedly exceeding $1 billion.

Some analysts saw Prince Miteb’s removal as an attempt by Crown Prince Mohammed bin Salman, who is also Saudi defence minister, to consolidate his control over the security services.

But Saudi authorities insist the purge was meant solely to target endemic corruption as the kingdom seeks to diversify its oil-dependent economy.

Saudi Arabia Arrests 10 Princes, Dozens of Ex-ministers in Massive Anti-Corruption Purge

ShareTweet
Staff Writer with AFP

Staff Writer with AFP

Related Posts

Mohammed bin Salman
Democracy at Risk

HRW Labels Saudi Mass Execution ‘Brutal Show of Autocratic Rule’

by Staff Writer
March 15, 2022
Justin Bieber
Lifestyle

‘Weaponizing Bieber’ – Canadian Pop Star Caught Up in Saudi Rights Row

by Staff Writer
December 1, 2021
Ali al-Nimr
Democracy at Risk

Saudi Releases Shiite Ex-Death Row Prisoner Al-Nimr: Rights Group

by Staff Writer
October 27, 2021
Saudi Arabia Covid vaccination
Business

Saudi Ups Pressure on Anti-Vaxxers as It Eyes Economic Recovery

by Staff Writer
May 24, 2021
Saudi journalist Jamal Khashoggi was killed on October 2, 2018, while he was inside the Saudi consulate in Istanbul, Turkey.
World

Reporters Without Borders Sue Saudi Prince Over Khashoggi Murder

by Staff Writer
March 2, 2021
A single falcon can fetch up to tens of thousands of dollars on the black market.
World

Poachers’ Paradise: Gulf Hunts Fuel Pakistan Falcon Trafficking

by Staff Writer
January 4, 2021
Next Post
Russian President Vladimir Putin

Russia Banned From 2018 Winter Olympics Over Doping

African men in Libya are reportedly sold into slavery, according to a CNN report in November 2017

Returning Nigerians Express Relief After 'Hell' of Libya Camps

Recommended

Volkswagen logo

German Farmer Sues Volkswagen Over CO2 Emissions

May 20, 2022
Vladimir Putin

Russia Says Economy Grew 3.5 Percent in First Quarter

May 18, 2022
Mexico missing people

Over 100,000 People Reported Missing in Mexico, Data Reveals

May 17, 2022
Shireen Abu Akleh

Jerusalem Archbishop Condemns Israeli Police Raid at Journalist’s Funeral

May 16, 2022
A Lebanese election official stands at a polling station

New Group Threatens Lebanese Elections… and Potentially Middle East Peace

May 18, 2022
Israel

15 European Nations Urge Israel to Reverse Plans for More Settler Homes

May 13, 2022

Opinion

A Lebanese election official stands at a polling station

New Group Threatens Lebanese Elections… and Potentially Middle East Peace

May 18, 2022
A man holding a gun

Safely Back in USA, Land of Guns and Burgers

May 2, 2022
China Muslim Uyghurs

Unfair Politicization, Corruption, and the Death of Modern Olympism

April 23, 2022
Ukraine war

The Ukrainian Refugee Crisis and the Hierarchies of Western Compassion

April 20, 2022
Chinese leader Xi Jinping

How Wrong ‘How China Can End the War in Ukraine’ Is

April 1, 2022
Ukraine children

The War for Ukraine’s Lives and Minds

March 30, 2022
Facebook Twitter

Newsletter

Do you like our reporting?
SUBSCRIBE

About Us

The Globe Post

The Globe Post is part of Globe Post Media, a U.S. digital news organization that is publishing the world's best targeted news sites.

submit oped

© 2018 The Globe Post

No Result
View All Result
  • National
  • World
  • Business
  • Interviews
  • Lifestyle
  • Democracy at Risk
    • Media Freedom
  • Opinion
    • Editorials
    • Columns
    • Book Reviews
    • Stage
  • Submit Op-ed

© 2018 The Globe Post