Saudi Crown Prince Mohammed bin Salman attends a cabinet meeting in Riyadh, Saudi Arabia, December 5, 2017. Saudi Press Agency/Handout via REUTERS
Reuters: Saudi says most people detained in anti-corruption sweep have settled
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.
In a statement, the public prosecutor said a total of 320 people had been subpoenaed to provide information about alleged graft while 159 remain in detention and “a number” of them have been referred for judicial action.
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 on the orders of Crown Prince Mohammed bin Salman in what was billed as a war on rampant corruption.
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WNU Editor: I have a suspicion that this is one of those "take it or leave it deals".
More News On Saudi Detainees Agreeing To Cash Settlements To Avoid Prosecution
Saudis say most detained in graft sweep agree to settlement -- Washington Post
Most detained in Saudi purge agree to cash settlements -- Daily Mail/AFP
Saudi Corruption Settlement Talks Should End in a Few Weeks, Official Says -- Bloomberg
Saudi purge sees 159 business leaders held in Riyadh hotel -- The Guardian
6 comments:
Mohammed bin Salman must have a lot of faith in his security detail. Money = power. A mad man with power is a dangerous thing.
I don't have any sympathy for the victims, in this case, but what MBS is doing is a simple looting operation. The country's going broke because the price of oil is too low and the war in Yemen is going badly, so he's going where the money is, these billionaire playboy princes.
Brilliant fund raising idea. Why not the U.S. snatching Google, Amazon, Microsoft, and FaceBook biggies and making them balance our budget
"As Vox explained to us recently, MBS’s “purge” was all about Saudi life after oil. But like his best buddies in the Trump Administration, he can’t really seem to get anything right. Note that gas prices have now re-stabilized at only about 25% lower than they were during most of 2013 to 2015. Also, remember the “smart city” in the IP3 presentation? Bruce Riedel described that and other bits of MBS’s “reforms” to the New Yorker:"
https://www.emptywheel.net/2017/12/05/the-ridiculous-and-chilling-ip3-plan-for-saudi-economic-diversification/
#6 and #7 on the Forbes 400, are the Koch's, #11, #12 and #13 are the Walmart Waltons, # 14 is Aledson, the guy who makes all Republicans come to him to swear fealty to Israel, #16 and # 17 are the Mars Candy Mars.
You might not have noted but the current Congressional "Tax cuts for Billionaires and their G6 Jets" proposal was written by their Lobbiest's and trained Pet Monkey's.
You won't have a "tax the rich and Corporations" policy in the US until "Torches and Pitchforks" are leading all the Commody Exchanges and Artisnal Guillotine Craftsmen are struggling to fill a year long backlog.
Come on down.
LET S MAKE A DEAL.
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