Saudi Arabia seizes more than $100bn in settlements

The Peninsula Qatar ^ | 30 Jan 2018

[TigerLikesRooster]

Saudi Arabia seizes more than $100bn in settlements

30 Jan 2018 - 18:00

Saudi Arabia's Attorney General Sheikh Saud al-Mojeb said that the kingdom has seized more than $100bn in anti-corruption settlements.

The amount - SAR400bn ($106.7bn) - represented various types of assets, including real estate, commercial entities, cash and more, Mojeb said in a statement released by the government's information office on Tuesday.

He added that the total number of individuals summoned for questioning reached 381, while 65 remained in custody as part of a nationwide "anti-corruption purge".

The statement came as Saudi authorities released all remaining detainees after more than two months of detention on allegations of corruption.

"There are no longer any detainees left at the Ritz-Carlton," a Saudi official told Reuters News Agency earlier on Tuesday.

Dozens of royal family members, ministers, and top businessmen were arrested in early November during an "anti-corruption crackdown" launched by Crown Prince Mohammed bin Salman. Allegations against those detained included money laundering, bribery, extorting officials.

[TigerLikesRooster]

That is huge sum of money. Even for U.S.. Swamp will have lean days ahead.

[PGR88]

Saudi Arabia is a gangster country with a lot of oil, and a gangster religion that gives them cover and promotes their gang.

[billorites]

Wonderful what you can do in a country where property rights depend on who you know.

[thefactor]

People were being detained...at the Ritz?!?

If that's where the holding cells are, lock me up!

[PA Engineer]

I had forgotten about religious “law” in SA. Come up with the money or buy a new right hand prosthetic.

[BipolarBob]

You like being tied up and hung upside down and beat on?

[E. Pluribus Unum]

Trump is preparing to do the same.

https://www.whitehouse.gov/presidential-actions/executive-order-blocking-property-persons-involved-serious-human-rights-abuse-corruption/

[Cold Heart]

sounds like there are 65 still locked up elsewhere.

[MNDude]

These guys are the human trafficking guys that they are taking the money from. Good for them!

[SERKIT]

We could start with the Clinton Global Inititative....

[thefactor]

Depends. Would I get to order 5-star Ritz-Carleton room service after? Small price to pay.

[TigerLikesRooster]

You would know Trump is really draining the Swamp when you hear the news that D.C. and N. Virginia are heading into deep recession: housing price tanking, and catering business losing money.

[Red Badger]

A billion here, a billion there, and pretty soon your talking about real money!...........Sen. Everett McKinley Dirksen (R) Illinois

[Regulator]

And the Chief Gangster just showed all the little guys who’s boss, and demanded tribute.

And we’re supposed to call these guys our “friends”?

[353FMG]

All they had to do was beat the sh*t out of a bunch of princes, politicians and business people and out rolls the money.

Now that’s what I call, public persuasion.

[kallisti]

Yes. He is.

[Thibodeaux]

you are wrong and know not of which you speak

[Rebelbase]

Went to several travel sites looking for negative reviews but there are not.

I’d have thought the detainees would have complained about hard beds, no maid service, no fresh towels, etc.

[TigerLikesRooster]

I think they were in no position to complain. The Crown Price was not in charitable mood. There was a report that they were grouped together in some large area and had to sleep on a mattress on the floor. Instead of having their own room. So some may have been treated better, but a lot of them were not. Still a lot better than a prison, though.

[StevieRay20]

They must be following the model of the CFPB.