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anti-graft

Riyadh still holds 95 suspects as anti-graft probe winds down

RIYADH: Saudi authorities are still holding 95 suspects in an anti-corruption drive targeting the kingdom's elite, a report said Wednesday, as the campaign winds down nearly three months after it was launched by the crown prince. Authorities rounded up some 350 suspects since November 4, including billionaire princes and ministers who were detained in Riyadh's luxury Ritz-Carlton hotel. Most detainees agreed on financial settlements in "cash, real estate and other assets" in exchange for their freedom, Saudi-owned Al…

Saudi Arabia says 201 people held in corruption crackdown

RIYADH: Saudi Arabia said Thursday 201 people are being held for questioning over an estimated $100 billion in embezzlement and corruption, after the biggest purge of the kingdom's elite in its modern history. Princes, ministers and a billionaire business tycoon were among dozens of high-profile figures arrested or sacked at the weekend, as Crown Prince Mohammed bin Salman consolidates power. The purge comes amid heightened regional tensions, with Saudi Arabia and Iran facing off over a missile attack from Yemen and a…