In purge crackdown, Saudi Arabia makes fresh arrests, freezes royals’ accounts

Saudi Arabian authorities have carried out further arrests and frozen more bank accounts under an expanding anti-corruption crackdown that was announced last Saturday against the Kingdom’s political and business elite, Reuters reported, quoting official sources. Since the campaign kickoff, dozens of royal family members, officials and business executives have already been held in the purge. They face allegations of money laundering, bribery, extortion and exploiting public office for personal gain. According to the sources, the anti-corruption authorities have also frozen the bank accounts of Prince Mohammed Bin Nayef, one of the most senior members of the ruling Al Saud, and some of his immediate family members. Read More: Saudi corruption crackdown could raise $800bn Nayef, known as MbN, was ousted as […]The post In purge crackdown, Saudi Arabia makes fresh arrests, freezes royals’ accounts appeared first on aroundworld24.com.
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The post In purge crackdown, Saudi Arabia makes fresh arrests, freezes royals’ accounts appeared first on aroundworld24.com.