Saudi Arabia: 50,000 Billion FCFA Recovered From Corrupt Officials

Authorities in Saudi Arabia on January 30, 2019 announced the end of a two-year anticorruption drive that saw over 200 princes, ministers and business chiefs rounded up. More than 100 billion US dollars (over 57,158 billion FCFA) in assets - including property and cash – was recovered, the British Broadcasting Corporation, BBC, reported, citing Royal officials.

Deals were reached with 87 individuals who confessed to the charges against them, while 8 others refused to do so and have been referred to the Public Prosecutor. Some 56 other cases have not been settled because criminal charges yet to be resolved. 50

Reactions

Comments

    List is empty.

Lead a Comment

Same category